FOR SALE
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22 & 24 Forbes Road
Parkes NSW 2870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 340m2
Land area: 2184m2
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Development site or tenanted investment

Introducing 22 Forbes Road, Parkes - With a reliable tenant already in place, enjoy immediate returns on your investment and/or develop the site to suit your needs. The adjoining vacant lot is also on offer, providing an additional 1041sqm of vacant land to this cracking highway frontage site.
22 Forbes Rd 2183 sqm - commercial tenancy in place
24 Forbes Rd 1041 sqm - vacant land with DA approved for commercial shed/warehouse/workshop.
Total aggregated site is 3,224sqm. Buy individually or add together, you choose!
Positioned for maximum exposure in a high-traffic area, this property guarantees visibility for any business. Current configuration features flexible office space and a spacious workshop (shed), catering to diverse business needs. Access is convenient with a circular driveway designed for trucks and large vehicles. Rear access to the workshop streamlines operations, while the generous building and land size offer room for growth.
Approx 340 Sqm building size
Approx 2183 Sqm Land size
** There's even an additional 2061sqm of more space if it's a development site you seek with the adacent 2 houses also available for purchase. See listings for 26 & 28 Forbes Rd.

Property Details for 22 & 24 Forbes Rd, Parkes

Building Type
Commercial
Floor Size
340m2
Land Size
2184m2

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About Parkes 2870

The size of Parkes is approximately 975 square kilometres. It has 38 parks covering nearly 12% of total area. The population of Parkes in 2011 was 11,265 people. By 2016 the population was 11,421 showing a population growth of 1.4% in the area during that time. The predominant age group in Parkes is 0-9 years. Households in Parkes are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parkes work in a trades occupation. In 2011, 65.4% of the homes in Parkes were owner-occupied compared with 64.6% in 2016.

Parkes has 6,875 properties. Over the last 5 years, Houses in Parkes have seen a 63.39% increase in median value, while Units have seen a 33.57% increase. As at 30 September 2024:

  • The median value for Houses in Parkes is $372,440 while the median value for Units is $298,754.
  • Houses have a median rent of $430 while Units have a median rent of $270.
There are currently 95 properties listed for sale, and 18 properties listed for rent in Parkes on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Parkes.

Suburb Insights for Parkes 2870

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Nick Kelly
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Jim O'Donoghue
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Ray White Parkes
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Disclaimer
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.