33 Old Punt RoadTomago NSW 2322
Property Details for 33 Old Punt Rd, Tomago
Last Listing description (November 2014)
Investment - 8 Year Lease
Building Area: 195m2
This busy modern industrial cafe is situated on the main rounda-bout on Tomago Road. This position places it just off the Pacific Highway and on the main road to Newcastle Airport and Port Stephens. The cafe services the Tomago industrial area with high quality breakfast and lunch time meals along with corporate catering and a place where meetings can be held away from the office. Comprising:
Extensive kitchen equipment inventory
(16) On-site car parks
Fully landscaped grounds
Seating for (80) people
Lease expiring: (January 2023)
Plus (10) year option
Net Rent: $67,452pa
Rarely do quality investments become available with over (8) years still remaining on the lease with another (10) year option. The Old Punt Road Cafe (OPR) also includes a well designed quality fit-out that ensures whoever operates the business can produce the meals efficiently and quickly. Ideal for the breakfast and lunchtime trade. Bidding is expected from around the mid $600,000's.
Property History for 33 Old Punt Rd, Tomago, NSW 2322
- 13 Nov 2014Sold for $690,000
- 07 Oct 2014Listed for Sale PUBLIC AUCTION: 13TH NOVEMBER 2014
- 02 Nov 2009Sold for $580,000
Recent sales nearby
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About Tomago 2322
The size of Tomago is approximately 39.3 square kilometres. It has 6 parks covering nearly 47.2% of total area. The population of Tomago in 2016 was 277 people. By 2021 the population was 269 showing a population decline of 2.9% in the area during that time. The predominant age group in Tomago is 60-69 years. Households in Tomago are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Tomago work in a labourer occupation.In 2021, 65.40% of the homes in Tomago were owner-occupied compared with 58.50% in 2016.
Tomago has 561 properties. Over the last 5 years, Houses in Tomago have seen a 37.92% increase in median value. As at 31 December 2025:
- The median value for Houses in Tomago is $618,603 while the median value for Units is $420,945.
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