FOR SALE
$210,000 excl GST

161 Merton Street
Boggabri NSW 2382

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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INVESTORS! THE ONLY VACANT BLOCK IN THE CBD OF BOGGABRI!

Located smack, bang in the middle of the CBD with the town's shops and main eating venues, the Commercial Hotel and the Bluebird café, a stroll across the road, you can't get a much better position than this! This block is just three doors down from a major, new, 3-storey $12 million build by Whitehaven (now approved). Concept plans will be included for 6 studio units (suitable for Airbnb) to get you started on your development journey! (If the buyer is planning on this option a DA will be applied for and included in the sale).
• Level 1012 sqm block.
• Flood-free and all services to the block.
• DA can be included.
• Concept plans (pending) for 6 studio units, incorporating secure parking, will be included.
• Similar units close by are renting for $400/week for full-time tenants and higher for short stay.
Boggabri is a vibrant and friendly town in North-Western NSW. It is experiencing good growth due to not only the strong, traditional farming sector, but also the coal industry (with new mines planned) with rental properties in high demand!
Secure this block by phoning Jenny Jones at KR Property on 0428 492 517.

Property Details for 161 Merton St, Boggabri

Building Type
Land
Land Size
1012m2

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About Boggabri 2382

The size of Boggabri is approximately 825.5 square kilometres. It has 4 parks covering nearly 9% of total area. The population of Boggabri in 2011 was 1,189 people. By 2016 the population was 1,125 showing a population decline of 5.4% in the area during that time. The predominant age group in Boggabri is 40-49 years. Households in Boggabri are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Boggabri work in a machinery operators and drivers occupation. In 2011, 66.4% of the homes in Boggabri were owner-occupied compared with 63.3% in 2016.

Boggabri has 908 properties. Over the last 5 years, Houses in Boggabri have seen a 40.10% increase in median value. As at 31 October 2024:

  • The median value for Houses in Boggabri is $254,092 while the median value for Units is $346,093.
  • Houses have a median rent of $400 while Units have a median rent of $300.
There are currently 11 properties listed for sale, and 1 property listed for rent in Boggabri on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Boggabri.

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Jenny Jones
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KR PROPERTY
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