FOR SALE
$1,950,000

8 Failford Road
Darawank NSW 2428

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 330m2
Land area: 16349.3m2
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UNIQUE COMMERCIAL/RESIDENTIAL OPPORTUNITY

Welcome to 8 Failford Road, Darawank NSW 2430. This property is located on the intersection point of Failford Road and The Lakes Way two of the major feeder roads between the tourism town of Forster Tuncurry and the national Highway. Current RMS/Council traffic data shows vehicle movements of **33,000 per day. The Lakes Way is also the main link road between the Great Lakes regional centre and the transactional centre of Taree in the Manning Valley.
This unique, commercial/residential property consists of:
* Multi-purpose site which has a commercial lease until 31 May 2026 for a caf & op-shop plus income from outdoor advertising signage.
* 2 separate galleries/floor spaces.
* Disabled access toilet.
* Disabled access ramps.
* Ample onsite parking for 20 cars +
* Separate residential granny flat with large bedroom, ensuite and wooden flooring; ideal accommodation for the business owner. Has been previously used for AirBnB.
* Positioned on approximately 4 acres
Area:
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Property Details for 8 Failford Rd, Darawank

Building Type
Commercial
Floor Size
330m2
Land Size
16349.3m2

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About Darawank 2428

The size of Darawank is approximately 32.8 square kilometres. It has 2 parks covering nearly 34.1% of total area. The population of Darawank in 2011 was 324 people. By 2016 the population was 398 showing a population growth of 22.8% in the area during that time. The predominant age group in Darawank is 60-69 years. Households in Darawank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Darawank work in a clerical occupation. In 2011, 85.1% of the homes in Darawank were owner-occupied compared with 79.8% in 2016.

Darawank has 342 properties. Over the last 5 years, Houses in Darawank have seen a 53.85% increase in median value, while Units have seen a 42.52% increase. As at 31 October 2024:

  • The median value for Houses in Darawank is $1,180,099 while the median value for Units is $538,326.
There are currently 5 properties listed for sale, and no properties listed for rent in Darawank on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Darawank.

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Steve Attkins
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LJ Hooker Forster | Tuncurry
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