FOR SALE
$399,000

30 Ring Street
Inverell NSW 2360

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 400m2
Land area: 1802m2
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'Mixed Use Industrial Property.

Ron Berkley and the Team at Ray White Real Estate Inverell offer 'For Sale' this entry level Mixed Use Industrial Site. Set on a 1802sqm allotment of land with 3 Street frontage including the high traffic flow location at the corner of Ring Street and Brae Street. Zoned E4 General Industrial. 5 separate tenancies currently returning $45,206.02 Gross for the 2024 Financial year. Council Rates are $8,255 per year. A 2024 Financial Year Income and Expenditure statement is available upon application. The building itself is a mix of older Industrial bays, an Industrial shed and a small residential flat. The property would lend itself to a potential re-development in the future. Centrally located surrounded by Industrial businesses, 900 metres to the Bulky Goods Precinct and 1.2kms to the Inverell CBD. Motivated vendors selling due to a restructure of investments. Further Information available upon request contact Ron Berkley 0417-612 660 0f Ray White Real Estate Inverell.

Property Details for 30 Ring St, Inverell

Building Type
Commercial
Floor Size
400m2
Land Size
1802m2

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About Inverell 2360

The size of Inverell is approximately 208.6 square kilometres. It has 25 parks covering nearly 6.2% of total area. The population of Inverell in 2011 was 11,399 people. By 2016 the population was 11,682 showing a population growth of 2.5% in the area during that time. The predominant age group in Inverell is 0-9 years. Households in Inverell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inverell work in a labourer occupation. In 2011, 65.2% of the homes in Inverell were owner-occupied compared with 61.9% in 2016.

Inverell has 6,488 properties. Over the last 5 years, Houses in Inverell have seen a 65.28% increase in median value, while Units have seen a 42.68% increase. As at 31 October 2024:

  • The median value for Houses in Inverell is $364,940 while the median value for Units is $284,877.
  • Houses have a median rent of $380 while Units have a median rent of $290.
There are currently 107 properties listed for sale, and 29 properties listed for rent in Inverell on OnTheHouse. According to CoreLogic's data, 267 properties were sold in the past 12 months in Inverell.

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Ron Berkley
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Tyler Berkley
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Ray White Rural Inverell
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