119 Maitland StreetNarrabri NSW 2390
Property Details for 119 Maitland St, Narrabri
Last Listing description (September 2024)
The property consists of three distinct areas, a large showroom with 6.78m glass frontage, the older upstairs area and a second modern building facing Tibbereena Street, currently leased to reliable long-term tenants. Zoned E1 Local Business Centre this listing offers the following:
119 Maitland Street (ground level) - *34.48m x *6.78m (*272sqm inside + *3sqm outside):
Flood-free, carpeted showroom with ducted evaporative air conditioning, glass frontage and double doors.
At the rear of the property, you will find a separate office room equipped with a single vanity, a large kitchenette
area with built-in cabinetry and shelving and a back storeroom with shelving.
Concreted outdoor area with amenities.
Secure gate facing Tibbereena Street for deliveries.
Currently vacant. *Estimated rental income of $500 - $600 per week.
119 Maitland Street (upstairs) -*18sqm.
This upstairs area was once a 2-bedroom apartment with Federation features. (Currently used for storage)
4 rooms - power, but no water.
108 Tibbereena Street - *67sqm (*13m x 5.12m)
This is a medical premises with ramp and staircase entrance, consisting of a reception area with air conditioning, two treatment rooms, kitchenette and toilet facilities with disability access.
Access from Tibbereena Street plus the nearby arcade which provides access from the main street.
Currently tenanted by Go Sonic (Diagnostic Ultrasound). Long-standing tenants (12 years).
Rent $302.10 p/week.
Narrabri is a thriving regional centre with a robust and diverse business sector, presenting significant growth opportunities. This property offers an ideal location to establish your business and maintain the current momentum of success. Its strategic position within the town ensures high visibility and accessibility, making it a prime choice for businesses looking to capitalize on Narrabri's economic vibrancy. With the town's supportive infrastructure and dynamic community, this property is perfectly poised to help your business thrive and expand in this promising regional hub.
Get in touch with Kim at KR PROPERTY to arrange an inspection.
Property History for 119 Maitland St, Narrabri, NSW 2390
- 20 May 2024Listed for Sale $595,000
- 12 Oct 2022Listed for Sale $670,000
- 05 Oct 2022Listed for Rent $695,000 / year
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0About Narrabri 2390
The size of Narrabri is approximately 1,294.2 square kilometres. It has 22 parks covering nearly 10.7% of total area. The population of Narrabri in 2011 was 7,391 people. By 2016 the population was 7,614 showing a population growth of 3.0% in the area during that time. The predominant age group in Narrabri is 0-9 years. Households in Narrabri are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Narrabri work in a trades occupation. In 2011, 64.1% of the homes in Narrabri were owner-occupied compared with 63.5% in 2016.
Narrabri has 4,467 properties. Over the last 5 years, Houses in Narrabri have seen a 106.20% increase in median value, while Units have seen a 13.92% increase. As at 31 July 2024:
- The median value for Houses in Narrabri is $360,326 while the median value for Units is $205,359.
- Houses have a median rent of $490 while Units have a median rent of $300.
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