SOLD
Sold on 18 Jun 2024 for $550,000

3/305 Hillsborough Road
Warners Bay NSW 2282

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9200m2
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Property Details for 3/305 Hillsborough Rd, Warners Bay

Building Type
Commercial
Land Size
9200m2
Local Government
Lake Macquarie
Lot/Plan
3/SP57302

Last Listing description (November 2023)

The unit is located in one of Lake Macquarie's premier bulky goods / showroom precincts, surrounded by national retailers, trading seven days a week.

Key Features:
- 174 sqm* lettable area

- Current improvements consist of ground floor retail area, warehouse space along with mezzanine storge and office accommodation
- Formerly a food preparation facility
- Internal amenities
- High exposure to Hillsborough Road
- Excellent customer parking
- Positioned in a busy retail precinct
- Surrounded by national retailers including the Officeworks, The Good Guys, Autobarn, PETstock, Beacon Lighting and many more.

For more information, please contact the exclusive listing Agents.

*Approximate

Property History for 3/305 Hillsborough Rd, Warners Bay, NSW 2282

A timeline of how this property has performed in the market
Last Sold
$550,000
18 Jun 2024
Listed for Rent
$30k/w
10 Oct 2023
  • 18 Jun 2024
    Sold for $550,000
  • 10 Oct 2023
    Listed for Rent - Price not available
  • 23 Jun 2023
    Sold for $550,000
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About Warners Bay 2282

The size of Warners Bay is approximately 5.9 square kilometres. It has 15 parks covering nearly 5.3% of total area. The population of Warners Bay in 2011 was 7,455 people. By 2016 the population was 7,611 showing a population growth of 2.1% in the area during that time. The predominant age group in Warners Bay is 40-49 years. Households in Warners Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warners Bay work in a professional occupation. In 2011, 72.7% of the homes in Warners Bay were owner-occupied compared with 73.4% in 2016.

Warners Bay has 4,766 properties. Over the last 5 years, Houses in Warners Bay have seen a 65.04% increase in median value, while Units have seen a 48.86% increase. As at 31 October 2024:

  • The median value for Houses in Warners Bay is $991,636 while the median value for Units is $787,820.
  • Houses have a median rent of $620 while Units have a median rent of $628.
There are currently 18 properties listed for sale, and 13 properties listed for rent in Warners bay on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Warners bay.

Suburb Insights for Warners Bay 2282

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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.