FOR SALE
$1,080,000 incl GST

73 Victoria Street
Taree NSW 2430

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 360m2
Land area: 695m2
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Main Road Frontage – Former Restaurant Site

First National Commercial Shultz Taree are pleased to offer For Sale 73 Victoria Street, Taree.
This former restaurant site has recently ceased trading and provides a fantastic opportunity to continue its hospitality usage or convert to alternative commercial usage (STCA*).
Located on the fringe of Taree's CBD, this well know location has been home to the former restaurant usage for decades and now available for a new lease on life.
Consisting of:
• Level 700sqm approx. site area with rear lane access and parking
• 360sqm approx. building area
• Existing fully fitted restaurant space including bathrooms, kitchen, cool rooms, exhaust and grease arrestor
• Large glass street frontage with security shutters in place
• Largely open plan allowing for flexible conversion of space
• Zoned MU1 Mixed Usage
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Property Details for 73 Victoria St, Taree

Building Type
Commercial
Floor Size
360m2
Land Size
695m2

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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 9,604 properties. Over the last 5 years, Houses in Taree have seen a 58.27% increase in median value, while Units have seen a 40.60% increase. As at 31 October 2024:

  • The median value for Houses in Taree is $460,229 while the median value for Units is $343,340.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 107 properties listed for sale, and 28 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 375 properties were sold in the past 12 months in Taree.

Suburb Insights for Taree 2430

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Dan Shultz
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First National Real Estate Shultz / Taree
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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.