16 Deane StreetNarara NSW 2250
Property Details for 16 Deane St, Narara
Last Listing description (May 2023)
16 Deane Street is a freehold commercial property comprising of multiple income streams and a solid base for investors to consider when seeking to purchase a commercial property on the Central Coast
Income from Day 1
$115,000 Annual Gross Income + GST
Shop 1 - Australian Liquor Marketers have a lease to April 2026 with a further 3 year option
CPI Increase in April looks almost certain to increase the current rental substantially, with CPI currently measuring at circa 8%
Shop 2 - Ezy Group Convenience Pty Ltd have a lease until August 2027 with a further 5 year option
Freehold Property
1,779m2 Land size
Excellent parking onsite
R2 Low Density Residential Zoning
Annual Rental Increases
Long Term leases
Walk to Railway Station and convenient for customers
Surrounded by Residential homes and customers
The only bottle shop and convenience store in the immediate area, established for almost 2 decades
Inspections are strictly by appointment
Michael Hanson 0420 307 216
Brad Rogers 0459 921 122
Property History for 16 Deane St, Narara, NSW 2250
- 13 Mar 2023Sold for $1,750,000
- 06 Feb 2023Listed for Sale Auction - 14th March 2023
- 26 May 2021Listed for Sale $2,100,000 No GST Going Concern
Recent sales nearby
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0About Narara 2250
The size of Narara is approximately 8.3 square kilometres. It has 27 parks covering nearly 15.1% of total area. The population of Narara in 2016 was 7934 people. By 2021 the population was 8471 showing a population growth of 6.8% in the area during that time. The predominant age group in Narara is 30-39 years. Households in Narara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narara work in a professional occupation.In 2021, 78.20% of the homes in Narara were owner-occupied compared with 77.90% in 2016.
Narara has 3,584 properties. Over the last 5 years, Houses in Narara have seen a 37.71% increase in median value, while Units have seen a 50.92% increase. As at 31 March 2026:
- The median value for Houses in Narara is $991,819 while the median value for Units is $752,773.
- Houses have a median rent of $700 while Units have a median rent of $580.
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