772 Pacific Highway, Marks Point, NSW 2280 | Property Value & History | OnTheHouse
OFF MARKET

772 Pacific Highway
Marks Point NSW 2280

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2380m2
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Property Details for 772 Pacific Hwy, Marks Point

Building Type
Commercial
Land Size
2380m2
Local Government
Lake Macquarie
Lot/Plan
9/A/DP9926

Last Listing description (October 2021)

Extensive 356 sqm convenience retail store, attached canopy and 18 on-site car spaces
High profile 2,380 sqm corner site on 4 lane highway linking Newcastle to Sydney
Traffic light-controlled intersection with 19,800 vehicles passing daily

Net lease with tenant responsible for R & M, replacement of fuel tanks and equipment & site remediation
Significant depreciation benefits
Net Income: $258,149 pa + GST (as at 19 Nov. 2021)

For Immediate Sale
Closing Thursday 14 October 2021 (unless sold prior)
Indicative Pricing $5,435,000 (Net yield of 4.75%)

Property History for 772 Pacific Hwy, Marks Point, NSW 2280

A timeline of how this property has performed in the market
Last Sold
$4,000,000
30 Oct 2019
  • 30 Oct 2019
    Sold for $4,000,000
  • 30 Sep 2019
    Listed for Sale Not Disclosed
  • 27 May 2010
    Sold for $61,322,845
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About Marks Point 2280

The size of Marks Point is approximately 1.5 square kilometres. It has 6 parks covering nearly 18.8% of total area. The population of Marks Point in 2016 was 1826 people. By 2021 the population was 1861 showing a population growth of 1.9% in the area during that time. The predominant age group in Marks Point is 60-69 years. Households in Marks Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marks Point work in a professional occupation.In 2021, 57.90% of the homes in Marks Point were owner-occupied compared with 55.00% in 2016.

Marks Point has 1,015 properties. Over the last 5 years, Houses in Marks Point have seen a 67.49% increase in median value, while Units have seen a 61.18% increase. As at 31 December 2025:

  • The median value for Houses in Marks Point is $1,066,769 while the median value for Units is $673,125.
  • Houses have a median rent of $625 while Units have a median rent of $548.
There are currently 15 properties listed for sale, and no properties listed for rent in Marks point on OnTheHouse. According to Cotality's data, 37 properties were sold in the past 12 months in Marks point.

Suburb Insights for Marks Point 2280

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.