21 Groves RoadBennetts Green NSW 2290
Property Details for 21 Groves Rd, Bennetts Green
Last Listing description (December 2012)
AFFORDABLE, MODERN AND HIGH YIELDING RETAIL
Stonebridge Property Group has the exclusive opportunity to offer for sale, 7-15 Groves Road, Bennetts Green, a secure, affordable and high quality retail investment located within the City of Lake Macquarie. Bennetts Green is an established destinational ? bulky goods location and the precinct benefits from an array of high quality retailers including Harvey Norman, Bing Lee, Joyce Mayne, BCF, Supercheap Auto and Fantastic Furniture.
The Property benefits from the following key investment highlights:
100% leased to national brand retailers (Joyce Mayne, Supercheap Auto and BCF);
Strong annual 3% fixed rent reviews;
Current average passing rents equivalent to $221 sqm* gross;
Significant tax depreciation benefits and limited capital expenditure due to modern improvements; and
Net income of $719,330 p.a.
The Property is for sale by Public Expressions of Interest, closing at 4pm (AEDST) on Thursday 1st November 2012.
Property History for 21 Groves Rd, Bennetts Green, NSW 2290
- 27 Sep 2012Listed for Sale Not Disclosed
- 25 Jul 1988Sold for $55,000
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0About Bennetts Green 2290
The size of Bennetts Green is approximately 3.5 square kilometres. There are 2 parks, covering nearly 3.1% of the total area. The population of Bennetts Green in 2016 was 9 people. By 2021 the population was 0 showing a population decline of 100.0% in the area during that time. The predominant age group in Bennetts Green is 80-89 years. Households in Bennetts Green are primarily single parents and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bennetts Green work in a machinery operators and drivers occupation.In 2021, 0.00% of the homes in Bennetts Green were owner-occupied compared with 60.00% in 2016.
Bennetts Green has 320 properties. As at 30 June 2026:
- The median value for Houses in Bennetts Green is $924,119 while the median value for Units is $644,103.
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