FOR SALE
Expression of Interest: Closing 30th January 2025

8 Edward Lane
Kyogle NSW 2474

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 974m2
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'Expressions of Interest'

This property is being sold with best offers being submitted by the 30th of January 2025 as an 'Expressions of Interest'.
Discover the hidden potential of 8 Edward Lane. This property presents an enticing opportunity for investors, first-time homebuyers, and renovation enthusiasts alike. Positioned on an expansive 973.80 sqm lot, this residence is a blank canvas ready for your creative vision.
The home features three spacious bedrooms, two cozy lounge areas, and a bright sunroom that welcomes an abundance of natural light. With two bathrooms and an additional two toilets, it’s ideally suited for a growing family or an astute investor aiming to capitalize on rental possibilities.
Emphasizing its historical character, the property boasts high ceilings and beautiful timber floors throughout, offering an elegant backdrop for modern updates or a celebration of its vintage allure. Once operating as two separate units, the layout is versatile and brimming with potential, inviting renovators to bring their imagination and hard work to breathe new life into this space.
Convenience is paramount, as the property is within an easy walking distance to local amenities, enhancing its appeal for prospective tenants or anyone seeking a lifestyle of accessibility. Additional features include a carport that provides secure off-street parking and ample under-house storage.
Currently available through an 'Expressions of Interest' campaign, with a deadline set for January 30, 2025, this property represents a rare opportunity for savvy buyers. The chance to transform this hidden gem into a bespoke masterpiece is too good to pass up.
Take the first step towards making this renovation project or investment opportunity your own—submit your best offer today!
Property Code: 1637

Property Details for 8 Edward Lane, Kyogle

8 Edward Lane, Kyogle is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 974m2. The place is currently for sale with Kyogle Real Estate.

Building Type
House
Land Size
974m2

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About Kyogle 2474

The size of Kyogle is approximately 30.1 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Kyogle in 2011 was 2,553 people. By 2016 the population was 2,204 showing a population decline of 13.7% in the area during that time. The predominant age group in Kyogle is 60-69 years. Households in Kyogle are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kyogle work in a labourer occupation. In 2011, 69.1% of the homes in Kyogle were owner-occupied compared with 64.8% in 2016.

Kyogle has 1,429 properties. Over the last 5 years, Houses in Kyogle have seen a 82.04% increase in median value, while Units have seen a 75.76% increase. As at 30 November 2024:

  • The median value for Houses in Kyogle is $527,023 while the median value for Units is $338,243.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 45 properties listed for sale, and 10 properties listed for rent in Kyogle on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Kyogle.

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