FOR SALE
$599,000

55 Farquhar Street
Wingham NSW 2429

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 580m2
Land area: 1051m2
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Commercial block earmarked for zoning Change

This expansive commercial structure boasts 11 suites ranging from commercial kitchen and dining rooms, meeting rooms and reception areas.
Sitting on a generous 1051 square metre block, it offers convenient on-street parking right in front, alongside additional parking at the rear accessible via a rear lane.
The MidCoast Council has indicated that upon gazetting expected between late 2024 and early 2025, this property will fall under the R1 General Residential Zone in the MidCoast LEP.
Disclaimer:
The information provided about this property, including its zoning status and potential usage, is based on current knowledge and statements from the MidCoast Council. However, due diligence is strongly advised, and individuals should independently verify any details with the appropriate authorities or seek professional advice before making any decisions or investments based on this information.

Property Details for 55 Farquhar St, Wingham

Building Type
Commercial
Floor Size
580m2
Land Size
1051m2

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About Wingham 2429

The size of Wingham is approximately 61.4 square kilometres. It has 21 parks covering nearly 1.8% of total area. The population of Wingham in 2011 was 5,312 people. By 2016 the population was 5,359 showing a population growth of 0.9% in the area during that time. The predominant age group in Wingham is 50-59 years. Households in Wingham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wingham work in a labourer occupation. In 2011, 73.3% of the homes in Wingham were owner-occupied compared with 73.5% in 2016.

Wingham has 2,877 properties. Over the last 5 years, Houses in Wingham have seen a 51.99% increase in median value, while Units have seen a 41.38% increase. As at 31 October 2024:

  • The median value for Houses in Wingham is $466,354 while the median value for Units is $319,387.
  • Houses have a median rent of $450 while Units have a median rent of $290.
There are currently 24 properties listed for sale, and 9 properties listed for rent in Wingham on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Wingham.

Suburb Insights for Wingham 2429

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Kayne Tisdell
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Manning Valley Property & Livestock
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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.