1/62 Lakedge Avenue, Berkeley Vale, NSW 2261 | Property Value & History | OnTheHouse
 
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1/62 Lakedge Avenue
Berkeley Vale NSW 2261

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4279m2
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Property Details for 1/62 Lakedge Ave, Berkeley Vale

Building Type
Commercial
Land Size
4279m2
Local Government
Central Coast
Lot/Plan
1/SP20253

Last Listing description (February 2024)

Outstanding opportunity to secure a commercial investment under $500k.

This immaculate 72m2 (approximate) retail shop is a pearler, currently leased to a quality tenant operating a Bakery & Caf&aecute;.

- Five (5) year lease – 11/4/22 to 10/4/27
- Five (5) year option
- Current rent $32,136 gross/pa + GST
- Approximate outgoings of $6,421.40 pa
- 3% annual increases

1 or 3 shops in the strata plan with customer parking at the front and staff parking or delivery access at the rear.

A great set and forget, the retail shops along Lakedge Avenue have always been popular and service the surrounding residential homes.

Disclaimer:
All information contained herewith, including but not limited to the general property description, price, and the address, is provided to us by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

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Property History for 1/62 Lakedge Ave, Berkeley Vale, NSW 2261

A timeline of how this property has performed in the market
Last Sold
$430,000
24 May 2024
  • 24 May 2024
    Sold for $430,000
  • 13 Dec 2023
    Listed for Sale Please Call
  • 28 Aug 2003
    Sold for $155,000
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About Berkeley Vale 2261

The size of Berkeley Vale is approximately 6.1 square kilometres. It has 20 parks covering nearly 12.1% of total area. The population of Berkeley Vale in 2016 was 8355 people. By 2021 the population was 8951 showing a population growth of 7.1% in the area during that time. The predominant age group in Berkeley Vale is 30-39 years. Households in Berkeley Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berkeley Vale work in a trades occupation.In 2021, 77.10% of the homes in Berkeley Vale were owner-occupied compared with 75.60% in 2016.

Berkeley Vale has 4,016 properties. Over the last 5 years, Houses in Berkeley Vale have seen a 52.66% increase in median value, while Units have seen a 76.80% increase. As at 31 December 2025:

  • The median value for Houses in Berkeley Vale is $1,000,413 while the median value for Units is $542,523.
  • Houses have a median rent of $680 while Units have a median rent of $490.
There are currently 38 properties listed for sale, and 4 properties listed for rent in Berkeley vale on OnTheHouse. According to Cotality's data, 178 properties were sold in the past 12 months in Berkeley vale.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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