Map152 Myall Street, Tea Gardens, NSW 2324
- 5
- 2
- 12
For Sale
Guide $1,400,000
GEAR UP TO TACKLE THIS ONE
Tea Gardens - Bait & Tackle
TEA GARDENS - LIFSTYLE BUSINESS
Free Hold opportunity - Owner Occupy - Invest - Or Develop
• 815m2 lot
• 189m2 Retail shop
• 199m2 Workshop
• 250m2 yard & storage area
• 5 Bedroom shop top residential unit
• Prime location one block (100m) from the Myall River and boat ramp
• Potential return of $92,500
• 12m build height
• Upside to rebirth the Service Station/24/7Convenience Store
Plenty of upside for Service Station/24/7 Convenient Store or add to the Tackle business with a convenience store or both.
This outstanding opportunity offers a family the premium in lifestyle living with a residence and business on a highly exposed main street corner. With uninterrupted water views the property is also in close proximity to quality schools, the stunning Myall River waterfront, quality cafes, restaurants and Tea Gardens Hotel. The current business has been operating for over 20 years from the same location. Full information Memorandum and P&L's available on request.
Investors and Developers are encouraged to enquire with a potential income stream from the lower commercial level and residential shop top of $92,500 makes this an opportunity to well consider. Developer's note that this site opportunity offers substantial potential for a mix usage of Residential & commercial development with a 12m build height.
Unlock the potential of your business with this exceptional property located in the heart of Tea Gardens. Situated on a generous 815 sqm land area, this prime location offers high visibility and foot traffic, making it an ideal investment for families, entrepreneurs, investors, and developers alike.
Brad Wallace
Managing Director | Residential, Business & Commercial Sales
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L33318474
- Property Type:Other
- Building / Floor Area:388 sqm
- Garages:2
- Open Parking:10
- Land Area:815 sqm
We Know Your Area
R&H Suburb Profile: Tea Gardens| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 57 |
| Average Price | $941,894 |
| Median Price | $870,000 |
| Median Rental Price | $585 p.w. |
| Change in Rental Rate (5yr) | 56 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 12 |
| Average Price | $717,917 |
| Median Price | $577,500 |
| Median Rental Price | $500 p.w. |
| Change in Rental Rate (5yr) | 37 % |
Median Trend - $870,000
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