Opportunity presents to secure a great commercial investment right in the heart of Camperdown's shopping precinct. Set in a position with reliable foot traffic and highway frontage, ensuring high exposure, the township of Camperdown is a regular hive of activity.
Commercial opportunities in Manifold St are tightly held and here is one with a long-term tenant, making for an investment with sound returns. Your tenant "The Chook Shed" a long-running business, offering an approximate return of $17,000 P.A. The property itself comprises 124m2 of floorspace plus a rear yard of 172m2 (approx.) allowing for further expansion if desired (STCA) and thanks to Manifold Street's wide street scape there is also ample on-street parking for customers.
With the adjoining and vacant 132 Manifold Street being sold separately, there is a great opportunity to combine the two and get a foothold in Camperdown's commercial property.
IMPORTANT INFORMATION:
- All measurements are approx. only
- Whilst the agent has represented the premises to the best of their knowledge, potential renters should rely on their own enquiries
The size of Camperdown is approximately 72.4 square kilometres. It has 9 parks covering nearly 1.7% of total area. The population of Camperdown in 2011 was 3,461 people. By 2016 the population was 3,337 showing a population decline of 3.6% in the area during that time. The predominant age group in Camperdown is 60-69 years. Households in Camperdown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Camperdown work in a professional occupation. In 2011, 73.7% of the homes in Camperdown were owner-occupied compared with 73.1% in 2016.
Camperdown has 2,143 properties. Over the last 5 years, Houses in Camperdown have seen a 69.70% increase in median value, while Units have seen a 78.81% increase. As at 31 October 2024:
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