3 Marine DriveTea Gardens NSW 2324
Property Details for 3 Marine Dr, Tea Gardens
Last Listing description (February 2023)
Huge shop front on the Myall River Promenade. Offering 130sqm of space with parking at the rear and roller door access that allows vehicular access as well. The shop looks directly across to the Myall River offering arguably the best views of the river - you can either look north and straight up the river as it heads towards the Lakes; or south down to the 'Singing Bridge'. Set among some of the best outlets in the area - Hook N Cook takeaway on one side and Tillermans fine restaurant and the Ice Cream Shack on the other - this is a prime location where passing foot traffic is guaranteed. The Tea Gardens Pub is within a 2 minute stroll, as is the wharf where visitors disembark from the ferry that operates to & from Nelson Bay. This is a Prime location with commercial sites very limited along the Promenade. Currently the shop operates as a laundromat, the only one locally that services both Hawks Nest and Tea Gardens as well as surrounding villages. A great cash flow business - The Myall Coast is a popular destination spot & there are a number of hotels, motels & Airbnb's that are serviced by this business.
The laundromat has been established for well over 20 years and shown remarkable revenue growth over this time. Freehold business offered for sale.
For more information & full financials please contact Bryan Stevenson 0419 384 569
Property History for 3 Marine Dr, Tea Gardens, NSW 2324
- 27 Jun 2022Listed for Sale Not Disclosed
- 27 Mar 2015Listed for Rent - Price not available
- 17 Nov 2014Listed for Rent - Price not available
Recent sales nearby
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0About Tea Gardens 2324
The size of Tea Gardens is approximately 84.3 square kilometres. There are 12 parks, covering nearly 10.1% of the total area. The population of Tea Gardens in 2016 was 2884 people. By 2021 the population was 3288 showing a population growth of 14.0% in the area during that time. The predominant age group in Tea Gardens is 70-79 years. Households in Tea Gardens are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tea Gardens work in a community and personal service occupation.In 2021, 67.60% of the homes in Tea Gardens were owner-occupied compared with 71.50% in 2016.
Tea Gardens has 1,968 properties. Over the last 5 years, Houses in Tea Gardens have seen a 31.55% increase in median value, while Units have seen a 39.07% increase. As at 30 June 2026:
- The median value for Houses in Tea Gardens is $955,452 while the median value for Units is $651,476.
- Houses have a median rent of $600 while Units have a median rent of $565.
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