Anchored by NSW Ambulance on a 5 year plus 5 year Lease.
Frontages to both Ayrshire Crescent and Rural Drive.
Current net income - $142,540 per annum
Future growth potential.
Substantial capital improvements (including new roof) undertaken in the last 12 months.
Bidding Open from 11am, Tuesday 20th June 2023
Auction to Conclude 2pm, Wednesday 21st June 2023
All bidders must be registered and approved - please contact Agent.
The size of Sandgate is approximately 3.0 square kilometres. There are 5 parks, covering nearly 46.5% of the total area. The population of Sandgate in 2016 was 305 people. By 2021 the population was 276 showing a population decline of 9.5% in the area during that time. The predominant age group in Sandgate is 80-89 years. Households in Sandgate are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sandgate work in a trades occupation.In 2021, 42.60% of the homes in Sandgate were owner-occupied compared with 44.50% in 2016.
Sandgate has 316 properties. Over the last 5 years, Houses in Sandgate have seen a 55.04% increase in median value. As at 30 April 2026:
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