294 West StreetUmina Beach NSW 2257
Property Details for 294 West St, Umina Beach
Last Listing description (May 2024)
- Prime Position
- Retail Investment
- Rare Opportunity
A retail investment opportunity sitting in prime position in the main commercial strip of Umina Beach.
The freehold premises is now available for purchase and includes a site area of 210sqm (approx.) with 110sqm (approx.) of internal retail space, plus storage at the rear of the property and includes commercial grease trap.
The property currently has a lease in place and with major retailers within walking distance including Woolworths, Coles, Aldi and numerous boutique retail businesses, this is a rare opportunity to secure a blue-chip location in Umina Beach.
Call Tom Tregent or Jack Lawler for more information:
Tom Tregent - 0407 454 1...
Jack Lawler - 0420 499 7...
We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 294 West St, Umina Beach, NSW 2257
- 08 May 2024Sold for $1,050,000
- 06 Sep 2023Listed for Sale $1,250,000 + GST
- 08 Jun 2004Sold for $550,000
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0About 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 8,625 properties. Over the last 5 years, Houses in Umina Beach have seen a 68.75% increase in median value, while Units have seen a 56.94% increase. As at 31 October 2024:
- The median value for Houses in Umina Beach is $1,092,302 while the median value for Units is $862,732.
- Houses have a median rent of $550 while Units have a median rent of $525.
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