3 & 4/450 The Esplanade, Warners Bay, NSW 2282

Retail

For Sale $895,000 to $930,000

Auction: Wednesday, Jun 12, 6:00 PM

  • Property ID: 444494
  • Floor Area: 116m²
  • Land Area: 1191m²
  • Occupancy: Vacant
PRICE IMPROVEMENT

Rare Retail Opportunity

This renovated retail store is located in a tightly held retail centre known as Lake Village Arcade and sits alongside the popular café/restaurant Table One Espresso.

It currently operates as one but can easily be returned to two lettable suites.

Featuring:
- Multiple split system air conditioners
- Recent carpet flooring upgrade
- Recent LED lighting upgrade
- Recent electrical board upgrades
- Internal amenities and single toilet

The Lake Village Arcade provides a pedestrian thoroughfare from the waters edge through to the council owned car park, ensuring these shops are passed by hundreds of people daily.

Warners Bay Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $338 ---
Industrial --- $520 ---
Retail $7716 $309 4.00%
This is the average advertised price, rent and yield for Warners Bay, NSW 2282*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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