59 Argyle StreetCamden NSW 2570
Property Details for 59 Argyle St, Camden
Last Listing description (June 2019)
A Superb opportunity to secure a part of Camden's Blue Ribbon Commercial Strip.
The Camden areas current population is circa 88,000 and set to rise to 250,000 over the next 15-20 years, making it the fastest growing region in NSW. Camden commercial property has consistently outperformed other suburbs in capital growth and rental growth due to its unique historic & commercial appeal, very limited supply yet large demand. The immediate surrounding areas are dominated by new housing development yet only a finite amount of Camden Commercial Property exists or can exist, which vastly increases the exclusivity of this commercial precinct. Properties in this prime main street often have generational hold times of between 30 to 50 years in most cases.
• Newly refurbished main street commercial property comprising medical, caf & office leases
• New 5 Year Anchor lease to Dental Corporation owned by global healthcare giant Bupa (c. $19 billion revenue 2017) with 2 x 5 year options
Attractive fixed 3% annual rental increases for 15 years for Dental Corp lease
Fixed 4% annual rental increases for all other leases
Tenants pay all outgoings
Safe & diversified income
• Popular rear booming caf with expansive courtyard in prime location adjacent large council car park
Net income $261,063* pa + GST (with future development upside STCA)
For further information or to arrange an inspection, contact Exclusive Agent Anthony Rees 0400 480 088.
* Prices are approx only.
Property History for 59 Argyle St, Camden, NSW 2570
- 04 Jun 2019Listed for Sale Contact Agent
- 24 May 2019Sold for $3,800,000
- 14 Nov 2018Listed for Sale EXPRESSIONS OF INTEREST
Recent sales nearby
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About Camden 2570
The size of Camden is approximately 4.5 square kilometres. It has 22 parks covering nearly 27.3% of total area. The population of Camden in 2016 was 3230 people. By 2021 the population was 3378 showing a population growth of 4.6% in the area during that time. The predominant age group in Camden is 40-49 years. Households in Camden are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Camden work in a professional occupation.In 2021, 64.40% of the homes in Camden were owner-occupied compared with 64.20% in 2016.
Camden has 2,060 properties. Over the last 5 years, Houses in Camden have seen a 47.14% increase in median value, while Units have seen a 39.08% increase. As at 31 March 2026:
- The median value for Houses in Camden is $1,232,264 while the median value for Units is $715,910.
- Houses have a median rent of $605 while Units have a median rent of $500.
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