638 Pacific HighwayLake Munmorah NSW 2259
Property Details for 638 Pacific Hwy, Lake Munmorah
638 Pacific Hwy, Lake Munmorah is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 822m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Last Listing description (July 2025)
Purchase Price $1,150,000 (existing lease no GST)
Annualised return: Commercial $49,512.27 $54,463.50 includes GST
GrannyFlat $25,480
Invest in the future with this premium property ideally situated on the bustling Pacific Highway, promising unparalleled visibility and foot traffic. This area is poised for significant redevelopment, making it a lucrative opportunity for forward-thinking investors.
At the forefront of the property, a well-established takeaway shopfront occupies prime road frontage, boasting a long-term tenant (existing use rights). This ensures a stable and reliable income stream. The prime location guarantees excellent exposure to passing traffic, enhancing the business's visibility and potential for growth.
The shop tenant is currently leased until October 2025, with a monthly rent of
$4,538.63. The lease includes a 5% annual increase each October, adding to the investment's appeal. The shopfront features a full kitchen, grease trap, and convenient parking at both the front and rear. Additionally, a studio with a shower and toilet is included in the lease, providing extra value.
Towards the rear of the property, a well-maintained very modern two-bedroom grannyflat and is leased separately, occupied by exemplary tenants. The house's spacious and modern layout is perfect for a small family or couple, offering peace and privacy.
This dual occupancy setup yields multiple income streams and significant flexibility. Combined, these two leases generate a 6.521% return based in on the listing price. The long-term shop tenant and commendable grannyflat tenants contribute to this low-maintenance, hassle-free investment.
Prime dual occupancy investment in Lake Munmorah
Commercial shopfront with 100% outgoings paid by the tenant
Studio included in the shop's lease
Modern two-bedroom grannyflat at the rear, leased for $490 per week
Ideal main road exposure with excellent passing traffic
Seize this rare and exciting investment opportunity in a high-growth area. Secure your stake in Lake Munmorah's promising future today! For more information contact Heritage Real Estate Darin Butcher on 0414 920949.
Disclaimer: Information has been sourced using third parties. As the representing agency, we do not guarantee accuracy, accept no liability, and advise interested parties to conduct their own investigations. Images are indicative only.
Property History for 638 Pacific Hwy, Lake Munmorah, NSW 2259
- 20 Feb 2025Sold for $1,125,000
- 22 Oct 2024Listed for Sale $1,125,000
- 11 Jun 2024Listed for Sale Not Disclosed
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0About Lake Munmorah 2259
The size of Lake Munmorah is approximately 5.6 square kilometres. There are 15 parks, covering nearly 18.8% of the total area. The population of Lake Munmorah in 2016 was 5248 people. By 2021 the population was 5084 showing a population decline of 3.1% in the area during that time. The predominant age group in Lake Munmorah is 70-79 years. Households in Lake Munmorah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Munmorah work in a trades occupation.In 2021, 79.50% of the homes in Lake Munmorah were owner-occupied compared with 79.80% in 2016.
Lake Munmorah has 2,597 properties. Over the last 5 years, Houses in Lake Munmorah have seen a 21.47% increase in median value, while Units have seen a -3.14% decrease. As at 31 August 2026:
- The median value for Houses in Lake Munmorah is $830,825 while the median value for Units is $487,132.
- Houses have a median rent of $600.
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