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152 Myall Street, Tea Gardens$1.40m
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152 Myall Street

Tea Gardens, NSW 2324, Australia
$1.40m
5 bed 2 bath 12 car815 m²

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About this property

Tea Gardens - Bait & Tackle TEA GARDENS - LIFSTYLE BUSINESS Free Hold opportunity - Owner Occupy - Invest - Or Develop • 815m2 lot • 189m2 Retail shop • 199m2 Workshop • 250m2 yard & storage area • 5 Bedroom shop top residential unit • Prime location one block (100m) from the Myall River and boat ramp • Potential return of $92,500 • 12m build height • Upside to rebirth the Service Station/24/7Convenience Store Plenty of upside for Service Station/24/7 Convenient Store or add to the Tackle business with a convenience store or both. This outstanding opportunity offers a family the premium in lifestyle living with a residence and business on a highly exposed main street corner. With uninterrupted water views the property is also in close proximity to quality schools, the stunning Myall River waterfront, quality cafes, restaurants and Tea Gardens Hotel. The current business has been operating for over 20 years from the same location. Full information Memorandum and P&L's available on request. Investors and Developers are encouraged to enquire with a potential income stream from the lower commercial level and residential shop top of $92,500 makes this an opportunity to well consider. Developer's note that this site opportunity offers substantial potential for a mix usage of Residential & commercial development with a 12m build height. Unlock the potential of your business with this exceptional property located in the heart of Tea Gardens. Situated on a generous 815 sqm land area, this prime location offers high visibility and foot traffic, making it an ideal investment for families, entrepreneurs, investors, and developers alike.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
2
Parking
12
Land Area
815 m²
Listed
3 months ago

Repayment calculator

$6,787/month
$3,394 /fortnight
Loan $1,120,000 at 6.10% over 30 years

Upfront costs

Deposit$280,000
Stamp duty$57,224
Conveyancing (est.)$2,000
Total upfront$339,224
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Tea Gardens

This 5-bedroom house in Tea Gardens, NSW 2324 sits within reach of public transport, local shops and nearby schools. It is listed 56% above the $899,000 median of 68 comparable houseswithin 5 km.

Schools near Tea Gardens

  • Tea Gardens Public Schoolprimary · K-6 · CoEd

What's nearby

  • Myall St at Maxwell St (Tea Gardens Coach Stop) (bus)226 m away
  • Unnamed142 m away
  • Memorial Park282 m away
  • Unnamed382 m away
  • ANZAC Park626 m away

Tea Gardens at a glance

Full suburb profile
Population
3,288
Median age
69
Household income
$991/wk
Median rent
$365/wk
Median mortgage
$1,420/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Tea Gardens price trend

Median sold · House 4 bed

Compound growth +2.4% / yr over 4 yrs

$928kcurrent median

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