6/50 Medcalf StreetWarners Bay NSW 2282
Property Details for 6/50 Medcalf St, Warners Bay
Last Listing description (December 2024)
Located in the bustling suburb of Warners Bay this self contained mixed use warehouse offers a popular size in a convenient location.
• Offering a prime investment opportunity with a new 3 year lease paying $36,400.00 per annum.. returning 6.3% net.
• Part of a small stata development the property consists of 155 sqm of floor space plus a mezannine of 48m2.
• This property is perfect for investors looking to expand their portfolio or business owners looking for a new location.
• Don't miss out on this rare opportunity to own a piece of prime real estate in a sought-after warners bay.
Contact us today to arrange a viewing or for further information
Daryl Johnson
0410447054
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Property History for 6/50 Medcalf St, Warners Bay, NSW 2282
- 06 Dec 2024Sold
- 19 Jun 2024Listed for Sale $490,000 to $520,000
- 16 Mar 2023Listed for Rent - Price not available
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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 4,821 properties. Over the last 5 years, Houses in Warners Bay have seen a 66.59% increase in median value, while Units have seen a 49.12% increase. As at 30 November 2024:
- The median value for Houses in Warners Bay is $1,005,190 while the median value for Units is $805,662.
- Houses have a median rent of $620 while Units have a median rent of $650.
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