FOR SALE
New to the Market

10 Commerce Street
Taree NSW 2430

Bedrooms: 7
Bathrooms: 2
Car spaces: 4
Land area: 1290m2
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Mixed Use Investment

The central location and established mixed-usage of this large, high-profile site provides an attractive investment opportunity.
With a combined land area of approximately 1290sqm, the two separate properties provide:
1. A huge residence of 7 bedrooms, 3 living areas and 2 bathrooms plus 2 laundries and 2 utility rooms for flexible uses. The large nature and design stems from a previous use as two separate flats.
The property has recently had a new roof and guttering installed, and features brick foundations, just-completed painting to half the building exterior.
There's extra storage under the house plus 4 roller-door garages with easy-access.
2. A highly visible building with a huge open upper-level storage facility, previously operating as a workshop and including an office area and WC.
The lower level has a wide side access where a large under-building additional space is available.
There's even an older hydraulic hoist (not working) still in place which a keen owner may wish to try and restore.
This is a multi-use combined site providing residential accommodation and storage facilities for a variety of purposes, some of which may be subject to Council approval.
Disclosure is also made that the properties are subject to varying degrees of flooding.
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Property Details for 10 Commerce St, Taree

10 Commerce St, Taree is a 7 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1290m2. The place is currently for sale with First National Real Estate Shultz / Taree.

Building Type
House
Land Size
1290m2

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About Taree 2430

The size of Taree is approximately 47.8 square kilometres. It has 44 parks covering nearly 5.7% of total area. The population of Taree in 2011 was 15,848 people. By 2016 the population was 16,214 showing a population growth of 2.3% in the area during that time. The predominant age group in Taree is 60-69 years. Households in Taree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Taree work in a professional occupation. In 2011, 59.7% of the homes in Taree were owner-occupied compared with 58.5% in 2016.

Taree has 9,592 properties. Over the last 5 years, Houses in Taree have seen a 62.82% increase in median value, while Units have seen a 38.13% increase. As at 30 September 2024:

  • The median value for Houses in Taree is $462,320 while the median value for Units is $342,987.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 107 properties listed for sale, and 30 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 377 properties were sold in the past 12 months in Taree.

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Wayne Shultz
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First National Real Estate Shultz / Taree
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