Back 2/76 Rajah Road
Off Market

2/76 Rajah Road

Ocean Shores NSW 2483

737.4 m²
Land
Todd BucklandTodd Buckland, last sold this property on 05 July 2021 after 145 days on market.

Overview

Ocean Shores Development Lot

The only available commercial lot available in the post code. Brilliant location adjacent to existing shopping centre on one side with key tenant Coles, a tavern/bottle shop and a variety of specialty shops serving over 3000 residential homes. On the other side is a new Kool Beanz day-care and pre-school. Ideal for combined commercial/residential development, the lot fronts onto a main road and abuts a riverside nature reserve to the rear. Apartments at the rear will have an outlook over the reserve and the commercial spaces would have the benefit of fantastic exposure to both foot and motor vehicle traffic on Rajah Road. A very flexible investment with many options for long or short term strategies. Build hold and lease or strata title and sell some or all. Property Code: 971

Features

737.4 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Ocean Shores over the last 12 months, the estimated median property value of 2/76 Rajah Road is $1.05m.

Median value
$1.05m
Estimated value range
$740k - $1.32m
Median days on market
84
Estimated value trend
50%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ocean Shores. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/76 Rajah Road

2021
Sold
Undisclosed
Private Sale/Treaty on 05 Jul 2021 by Todd Buckland, of Byron Shire Real Estate

Happy sellers in Ocean Shores

87%
87% of sellers in Ocean Shores reported that their sale price either exceeded or met their price expectations.

Ocean Shores stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Ocean Shores over the last 12 months.

Local market activity for land plots in Ocean Shores

In the last 12 months, 5 land plots similar to 2/76 Rajah Road, have been sold.

This represents a 34% increase in land plots sales when compared to the previous 12 months.

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