47-49 Lake RoadTuggerah NSW 2259
Property Details for 47-49 Lake Rd, Tuggerah
Last Listing description (June 2016)
A secure 3 x 3 year lease with directors guarantees and a quality factory, office and warehouse complex with (freehold) torrens title and a net annual rental of $180,000 plus all outgoings and GST. The building is approx ten years old and consists of pre-cast concrete and colourbond construction, excellent 6.5m spring height, quality offices with air conditioning, plus plenty of parking and concrete hardstand. Three large roller doors make for great access, plus a fourth roller door for smaller items at the rear. This established company is trading well and looking for security of tenure. In summary, this is an exceptional property with an appropriate income stream and superb tenant & is a must to inspect!
Commencing yield is approx 8.37%!
Property History for 47-49 Lake Rd, Tuggerah, NSW 2259
- 28 Apr 2016Sold for $2,050,000
- 20 Jan 2016Listed for Sale Not Disclosed
- 05 Feb 2004Sold for $110,000
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0About Tuggerah 2259
The size of Tuggerah is approximately 9.7 square kilometres. There are 14 parks, covering nearly 23.3% of the total area. The population of Tuggerah in 2016 was 927 people. By 2021 the population was 925 showing a population decline of 0.2% in the area during that time. The predominant age group in Tuggerah is 20-29 years. Households in Tuggerah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tuggerah work in a community and personal service occupation.In 2021, 60.00% of the homes in Tuggerah were owner-occupied compared with 60.30% in 2016.
Tuggerah has 1,882 properties. Over the last 5 years, Houses in Tuggerah have seen a 19.24% increase in median value, while Units have seen a 19.53% increase. As at 31 August 2026:
- The median value for Houses in Tuggerah is $861,378 while the median value for Units is $707,485.
- Houses have a median rent of $650 while Units have a median rent of $545.
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