FOR SALE
$235,000

7723 Bruxner Highway
Drake NSW 2469

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 2020m2
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Prime Commercial and Residential Positioning in Drake.

This captivating property on 7721 to 7723 Bruxner Highway is located in Drake - 75km west of the NSW Beef Capital (Casino) and 50km east of the rural town of Tenterfield.
This property features a substantial shopfront with an industrial grade kitchen. The building is built from locally sourced stones, all council-approved and awaiting your creative vision for its transformation.
This property has so much opportunity to offer such as opening a shop front and running a business of your desire. There is also the potential to convert the commercial premises into a residential living quarters.
7721 (residential/ commercial) and 7723 (residential) are joining properties on Bruxner Highway being run as a single property, offered for sale together or the commercial/residential 7721 can be brought separately for $235,000. The commercial front (7721) is a stone and timber building made from local resources and is council approved. There is a large stainless steel kitchen, rain water tanks and 3 phases power connected, carport, garden shed with established gardens and double lane access. The commercial side of the property has the potential to build a separate residential out the back or convert the shop front to residential. 7723 is a residential block, providing an established orchard, sewage treatment plant, 1 bed/ 1 bath and carport that requires completion with a DA in place. 7723 can be brought in conjunction with 7721 but will not be sold separately. The property is also fully dog proof fenced
The property for sale is the commercial/residential zone building/shop with the option to buy both holdings for 435,000

Property Details for 7723 Bruxner Hwy, Drake

7723 Bruxner Hwy, Drake is a 2 bedroom, 1 bathroom House. The property has a land size of 2020m2. The place is currently for sale with Ray White Gibbon Property Partners.

Building Type
House
Land Size
2020m2

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About Drake 2469

The size of Drake is approximately 282.7 square kilometres. It has 3 parks covering nearly 18.8% of total area. The population of Drake in 2011 was 397 people. By 2016 the population was 338 showing a population decline of 14.9% in the area during that time. The predominant age group in Drake is 50-59 years. Households in Drake are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Drake work in a labourer occupation. In 2011, 83.7% of the homes in Drake were owner-occupied compared with 85.8% in 2016.

Drake has 293 properties. Over the last 5 years, Houses in Drake have seen a 62.32% increase in median value. As at 31 July 2024:

  • The median value for Houses in Drake is $444,039.
There are currently 8 properties listed for sale, and no properties listed for rent in Drake on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Drake.

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Alex Gibbon
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Ray White Gibbon Property Partners
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.