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122 Wagonga Street NAROOMA, NSW 2546

Bed Icon4 Bedrooms
Bath Icon3 Bathrooms
Car Icon4 Parking
Unimproved value:A$912,000 (2022-2023)Block size:1622
Bed Icon4 Bedrooms
Bath Icon3 Bathrooms
Car Icon4 Parking

Development Opportunity in Narooma

Freehold Commercial Shops and Residence
Great opportunity to secure this prominent main street building with fabulous development potential. This property represents a rare opportunity to acquire a large freehold commercial asset with residence above, with an additional block and residence with access from Garvan street. (Note: Premises for sale only, not the businesses)

Features of the property.

Commercial shops street level:

• Large commercial premises currently leased as one shop but could be two separate entities.
• Shop 1 is 63m² plus 35m² storage.
• Shop 2 is 165m² plus 35m² storage.
• Good rental income
• Great street appeal and visibility.
• Large shop front display windows.
• Right in the heart of the main shopping district of Narooma.
• Private rear parking for upstairs residence and shop staff.

Upstairs Residence:

• Two bedroom Unit with spectacular inlet and coastal views
• Large lounge and dining area and separate front sunroom
• 185m² floor area
• Recently renovated Bathroom
• Covered deck with stunning water views.
• Currently Owner occupied

No 1 Garvan street

• Two x 1 bedroom units
• Large kitchens and living areas
• Fantastic inlet views
• Both currently rented.

Zoned E1 this property is primed for mixed commercial and residential development.

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Inspections

Information about this Property

  • Listed on
  • Last updated
  • Property typeOther
  • Block size1622m² (approx)
  • Bedrooms4
  • Bathrooms3
  • Parking spaces4
  • Land valueA$912,000 (2022)
  • Stamp dutyA$120,877
  • RatesA$2,808
  • Land taxA$4,076 if rented
* Figures quoted above are approximate values based on available information.

Sales History for 122 Wagonga Street NAROOMA, NSW 2546

The Other at 122 Wagonga Street NAROOMA, NSW 2546 has been sold 1 time before, with the most recent sale being for $670,000 on 20 November 2006.

Sold DatePrice
A$670,000
Sold Date
PriceA$670,000

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Local Neighbourhood

122 Wagonga Street NAROOMA, NSW 2546 has 2 schools within 5 kilometres, with the closest being Narooma Public School.

DistanceSchoolAddress
0.48 kmNarooma Public School7 Montague St, Narooma 2546Pin Icon
1.78 kmNarooma High SchoolPrinces Hwy, Narooma 2546Pin Icon

About Narooma

122 Wagonga Street is located within the suburb of Narooma, which has a population of 2,605, a median age of 57 and an average household density of 1.9 people.

  • 2605Population
  • 57Median Age
  • 1.9Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Semi-Detached
Other

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Wagonga Street

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Narooma

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South Coast

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