This fantastic property provides opportunity for commercial investment or re-development right in the heart of Kiama's main shopping area, within walking distance to the Harbour and all of the shops, cafe's and restaurants that this beautiful coastal town has to offer.
Current improvements include two retail shopfronts, 2 x 3-bedroom apartments plus various outbuildings. Zoned B2 Local Centre the property is positioned in a retail strip close to beaches and the "Kiama blowhole" tourist attraction, a short walk from the Kiama Harbour, Surf Beach and beautiful Hindmarsh Park.
Land dimensions and Site area
Income:
$180,000.00 per annum (approx.)
The size of Kiama is approximately 10.0 square kilometres. There are 27 parks, covering nearly 7.6% of the total area. The population of Kiama in 2016 was 6881 people. By 2021 the population was 7904 showing a population growth of 14.9% in the area during that time. The predominant age group in Kiama is 60-69 years. Households in Kiama are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kiama work in a professional occupation.In 2021, 71.00% of the homes in Kiama were owner-occupied compared with 71.20% in 2016.
Kiama has 5,166 properties. Over the last 5 years, Houses in Kiama have seen a 13.36% increase in median value, while Units have seen a 17.87% increase. As at 31 May 2026:
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