8/778-786 Old Illawarra Road, Menai, NSW 2234 sold on 17 March 2026 | OnTheHouse
SOLD
Sold on 17 Mar 2026 for $800,000

8/778-786 Old Illawarra Road
Menai NSW 2234

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 124m2
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Property Details for 8/778-786 Old Illawarra Rd, Menai

Building Type
Commercial
Floor Size
120m2
Land Size
124m2
Local Government
Sutherland
Lot/Plan
8/SP60674

Last Listing description (January 2026)

Calling all astute investors! Situated in Menai's tightly held commercial precinct, we offer a reliable investment property with excellent lease conditions. It is approximately 36km from Sydney CBD and is surrounded by significant attraction businesses, including Aldi, Dan Murphy's, Super Cheap Auto, Century 21 Sutherland Shire, Fitness First, Crew Gym, and KFC.

Currently Leased to a long-term blue-chip tenant
Rent is $4,735.13 + GST monthly, $56,821.64 + GST annually

Fixed annual rent increases of 3%
Tenant responsible for 100% of outgoings
Lease Term, 5 years, commenced 1 June 2022 ending 31 May 2027
Two 5 Year options to renew, ending 31 May 2037
Total maximum potential lease length: 15 years
Total Size 124 sqm, Shop 97, two parking spaces 27 sqm. Net lettable area 97 sqm
South-East Aspect, Small complex of 17 lots
Zone E3 Productivity Support
Council $267.14 p/q, Water $238.70 p/q, Strata $1,856.21 p/q

Location and Accessibility: Situated in Menai's established business precinct, the property offers convenient access to major arterial routes:

A6 Highway: Provides connectivity to broader Sydney regions.
Heathcote Road: Links to the M5 Motorway, facilitating transport towards the city and southwestern suburbs.
Bangor Bypass and Alfords Point Road: Enhance accessibility to surrounding areas and reduce travel times.

Recent Transactions:
7/72-80 Allison Crescent Menai Sold for $630,000 30/05/25
NLA 75 sqm, $8,400 per sqm
16/72-80 Allison Crescent Menai Sold for $153,000 22/04/25
NLA 40 sqm, $3,825 per sqm
3/24 MacMahon Place Menai Sold for $850,000 08/11/24
NLA 131 sqm, $6,488 per sqm
15/778-786 Old Illawarra Road Menai Sold for $1,325,000 04/07/24
NLA 267 sqm, $4,962 per sqm
6/800-812 Old Illawarra Road Menai Sold for $1,250,000 07/02/24
NLA 253 sqm, $4,940 per sqm
18/62-70 Allison Crescent Menai Sold for $1,204,500 31/10/23
NLA 112 sqm, $10,754 per sqm
2/778-798 Old Illawarra Road Menai Sold for $1,900,000 28/09/23
NLA 340 sqm, $5,588 per sqm
10/778-786 Old Illawarra Road Menai Sold for $1,210,000 09/06/22
NLA 176 sqm, $6,875 per sqm

Additional Information: Prospective buyers or tenants are advised to conduct thorough due diligence. A strata report for # 8 is available for purchase.
Inspect: By Virtual Tour, click the links, and by private inspection

**Disclaimer** Tenants are not responsible for the payment of the Capital Works Levy

Property History for 8/778-786 Old Illawarra Rd, Menai, NSW 2234

A timeline of how this property has performed in the market
Last Sold
$800,000
17 Mar 2026
  • 17 Mar 2026
    Sold for $800,000
  • 25 Mar 2025
    Listed for Sale $1,125,000
  • 27 Oct 2009
    Sold for $570,000
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About Menai 2234

The size of Menai is approximately 13.6 square kilometres. There are 24 parks, covering nearly 17.8% of the total area. The population of Menai in 2016 was 10304 people. By 2021 the population was 10419 showing a population growth of 1.1% in the area during that time. The predominant age group in Menai is 50-59 years. Households in Menai are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Menai work in a professional occupation.In 2021, 83.60% of the homes in Menai were owner-occupied compared with 80.70% in 2016.

Menai has 3,993 properties. Over the last 5 years, Houses in Menai have seen a 22.43% increase in median value, while Units have seen a 30.90% increase. As at 31 July 2026:

  • The median value for Houses in Menai is $1,670,474 while the median value for Units is $1,204,970.
  • Houses have a median rent of $935 while Units have a median rent of $850.
There are currently 18 properties listed for sale, and 7 properties listed for rent in Menai on OnTheHouse. According to Cotality's data, 153 properties were sold in the past 12 months in Menai.

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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.