FOR SALE
$565,500 to $575,000

292-296 Clarinda Street
Parkes NSW 2870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 150m2
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Solid Retail Investment

This property consists of two retail shops and an office upstairs. There are two tenants, both on recent 3 year leases with 3 year options. One tenant also occupies the upstairs office/storage area which has a bathroom and a kitchen and in addition there is an outside al fresco deck.
It is in a prominent part of the retail strip.
Parkes is enjoying a rapid increase in residential values, and commercial and retail is poised to follow this trend. The reasons for this growth are manifold. The NSW Government's Special Activation Precinct is a 5000 ha proposition to take advantage of the Inland Rail Project which commenced two years ago.
Already a new pet food factory has been built and just announced is a major plastics recycling plant, the largest outside the USA.
To be part of this boom call me David Hughes 0425 237 130

Property Details for 292-296 Clarinda St, Parkes

Building Type
Commercial
Floor Size
300m2
Land Size
150m2

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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 6,874 properties. Over the last 5 years, Houses in Parkes have seen a 68.34% increase in median value, while Units have seen a 34.50% increase. As at 31 October 2024:

  • The median value for Houses in Parkes is $397,339 while the median value for Units is $291,652.
  • Houses have a median rent of $430 while Units have a median rent of $275.
There are currently 101 properties listed for sale, and 21 properties listed for rent in Parkes on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in Parkes.

Suburb Insights for Parkes 2870

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David Hughes
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Sarah Vlores
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CENTURY 21 Central West
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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.