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Sold on 02 Aug 2024 - Price Unavailable

1/233 West Street
Umina Beach NSW 2257

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 54m2
Land area: 54m2
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Property Details for 1/233 West St, Umina Beach

Building Type
Commercial
Floor Size
54m2
Land Size
54m2

Last Listing description (August 2024)

Fantastic, leased investment commercial/retail opportunity centrally positioned in Umina Beach with large nationally recognised neighboring businesses such as Domino's Pizza, Woolworths, Coles, and Bunnings.

1/233 West Street, Umina Beach is a strata title shopfront style offering with a floor area of 54m2 that is leased to a local Pet grooming business with a current annual income of $32,294.40 Excl GST + outgoings with an annual increase due in the coming weeks.

• 3-year lease with 5-year option

• Initial lease expiring 6th of March 2025
• Zoned E1 Local Centre
• 1 of 5 Strata lots
• Beachside suburb.

For further information or to arrange an inspection contact Michael Hanson on 0420 307 216 or Mark Davies on 0422 442 858.

Property History for 1/233 West St, Umina Beach, NSW 2257

A timeline of how this property has performed in the market
Last Sold
02 Aug 2024
Listed for Rent
$575/w
14 Mar 2022
  • 02 Aug 2024
    Sold for $500,000
  • 27 Feb 2024
    Listed for Sale $530,000 Excl GST if Applicable
  • 21 Dec 2021
    Listed for Sale Price Guide $495,000 - $540,000
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About Umina Beach 2257

The size of Umina Beach is approximately 7 square kilometres. It has 20 parks covering nearly 14.3% of total area. The population of Umina Beach in 2011 was 16,059 people. By 2016 the population was 16,737 showing a population growth of 4.2% in the area during that time. The predominant age group in Umina Beach is 40-49 years. Households in Umina Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Umina Beach work in a professional occupation. In 2011, 66.4% of the homes in Umina Beach were owner-occupied compared with 65.4% in 2016.

Umina Beach has 8,676 properties. Over the last 5 years, Houses in Umina Beach have seen a 65.11% increase in median value, while Units have seen a 53.33% increase. As at 30 November 2024:

  • The median value for Houses in Umina Beach is $1,096,042 while the median value for Units is $854,722.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 60 properties listed for sale, and 32 properties listed for rent in Umina beach on OnTheHouse. According to CoreLogic's data, 369 properties were sold in the past 12 months in Umina beach.

Suburb Insights for Umina Beach 2257

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Contact agent
Mark Davies
Show contact details
Michael Hanson
Show contact details
RWC Central Coast
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.