FOR SALE
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24 Montefiores Street
Montefiores NSW 2820

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3.3ha
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Backed by regional growth

An opportunity exists to capitalise on local and regional growth with this large parcel of land some 3.3h in area originally DA approved for 37 lots in 2007.
The seller advises that an opportunity for subdivision of up to 51 lots (STCA), pending new development approvals exists.
Wellington is ideally positioned within the Central-West Orana Renewable Energy Zone connected by new infrastructure that supports a robust energy network.
Further large scale energy projects that are ready to start are powerful economic drivers, creating significant demand for jobs and housing, especially during their construction phases with continued opportunities during ongoing operations.
These local investment factors tied in with the growing Central West region harness further gains and future growth for Wellington.
Here is an opportunity to enter this exciting times with this residential development located in the growing area of Montefiores.
The property is available to purchase now prior to the planned commencement of an online auction to be advised.
Call Gary Francis on 0428 459 830 for further details.
* Images reflect properties at the time when the photos were taken or in some cases at an earlier point to accommodate the privacy of the tenant or owner. Seasonal changes & maintenance can affect the current presentation. Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent. Prospective buyers are urged to rely on their own enquiries.

Property Details for 24 Montefiores St, Montefiores

Building Type
Land
Land Size
3.3ha

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About Montefiores 2820

The size of Montefiores is approximately 7.5 square kilometres. It has 3 parks covering nearly 2.3% of total area. The population of Montefiores in 2011 was 472 people. By 2016 the population was 621 showing a population growth of 31.6% in the area during that time. The predominant age group in Montefiores is 0-9 years. Households in Montefiores are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Montefiores work in a community and personal service occupation. In 2011, 80.8% of the homes in Montefiores were owner-occupied compared with 76.9% in 2016.

Montefiores has 361 properties. Over the last 5 years, Houses in Montefiores have seen a 114.75% increase in median value. As at 31 October 2024:

  • The median value for Houses in Montefiores is $362,706 while the median value for Units is $711,116.
  • Houses have a median rent of $295.
There are currently 6 properties listed for sale, and no properties listed for rent in Montefiores on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Montefiores.

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Gary Francis
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Raine & Horne Wellington
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