SOLD
Sold on 09 Apr 2024 for $800,000

1/1 Yamba Street
Yamba NSW 2464

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 114m2
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Property Details for 1/1 Yamba St, Yamba

Building Type
Commercial
Floor Size
114m2
Local Government
Clarence Valley
Lot/Plan
1/SP76128

Last Listing description (September 2023)

Commercial property in Yamba's CBD is some of the most tightly held real estate in our local area.

With the existence of commercial property in Yamba being of such a small quantity, when a property is secured it is often held for decades and as such, the low supply of commercial sales always outweighs buyer demand.

1/1 Yamba Street enjoys direct street frontage to Yamba's bustling CBD and being on entry level on the ground floor of "The Ritz" building, this is a space that provides not only great exposure and high foot traffic, but also maximum appeal to business owners and tenants alike due to easy access.

With the ability to owner operate from this space immediately due to an upcoming vacancy, or to take advantage of strong tenancy demand in Yamba's CBD if you are looking to invest, this is a very rare opportunity for multiple reasons.

Currently configured as two spaces comprising of one large retail space plus another smaller outlet space, you can rent both, occupy one and rent the other, or recreate the one larger space if required.

This flexible space is sure to provide plenty of upside for your future.

Be quick to make your interest known here. This will sell fast!

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Property History for 1/1 Yamba St, Yamba, NSW 2464

A timeline of how this property has performed in the market
Last Sold
$800,000
09 Apr 2024
Listed for Rent
$958/w
11 Aug 2023
  • 09 Apr 2024
    Sold for $800,000
  • 29 May 2023
    Listed for Rent - Price not available
  • 11 Apr 2023
    Listed for Sale $825,000
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About Yamba 2464

The size of Yamba is approximately 16.9 square kilometres. It has 31 parks covering nearly 18% of total area. The population of Yamba in 2011 was 6,074 people. By 2016 the population was 6,078 showing a population growth of 0.1% in the area during that time. The predominant age group in Yamba is 60-69 years. Households in Yamba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yamba work in a professional occupation. In 2011, 65.1% of the homes in Yamba were owner-occupied compared with 67.4% in 2016.

Yamba has 4,980 properties. Over the last 5 years, Houses in Yamba have seen a 77.68% increase in median value, while Units have seen a 71.53% increase. As at 31 August 2024:

  • The median value for Houses in Yamba is $926,243 while the median value for Units is $720,235.
  • Houses have a median rent of $600 while Units have a median rent of $480.
There are currently 67 properties listed for sale, and 13 properties listed for rent in Yamba on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Yamba.

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