820 Lovedale RoadAllandale NSW 2320
Property Details for 820 Lovedale Rd, Allandale
820 Lovedale Rd, Allandale is a 2 bedroom, 2 bathroom House. The property has a land size of 23582m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
Last Listing description (February 2023)
It is not often that a property like this one comes onto the market: a 5.8-acre (2.3 ha) slice of Hunter Valley real estate in an idyllic rural settingwith zoning to operate a small businessjust minutes from the Hunter Expressway.
Astute investors will appreciate the superb location on the main arterial road leading from the Expressway, as well as its RU2 zoning, which allowswith consentfor businesses such as a cafe, restaurant, cellar door, medical premises, self storage units, and retail.
Several commercial enterprises have operated from this property, including a chocolate manufacturing and retail concern. Most recently, an antiques and old wares business was run from here, and there remains a significant amount of stock from this venture.
The commercial building on the site has a main showroom area plus two additional generous retail spaces, as well as three staff toilets and a staff shower, and a commercial kitchen (without appliances). There is also abundant storage and roller door access for deliveries. A sealed driveway offers safe, easy access from Lovedale Road and there is a large area for off-street parking. Adjacent to this building is the owner's cabin, a two-bedroom, one-bathroom cottage.
Given its zoning, and its proximity to vineyards, the Hunter Expressway, and the proposed Anvil Creek residential subdivision, this property is likely to appeal to investors who recognise its enormous business potential.
There is much to love about this property at the gateway to the Hunter Valley vineyards and we welcome the opportunity to show it to potential buyers. Don't hesitate to contact one of our team to arrange an inspection.
Property History for 820 Lovedale Rd, Allandale, NSW 2320
- 15 Aug 2018Listed for Sale EXPRESSIONS OF INTEREST
- 24 Apr 2017Sold
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About Allandale 2320
The size of Allandale is approximately 10.4 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Allandale in 2011 was 305 people. By 2016 the population was 74 showing a population decline of 75.7% in the area during that time. The predominant age group in Allandale is 50-59 years. Households in Allandale are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Allandale work in a clerical occupation. In 2011, 75.7% of the homes in Allandale were owner-occupied compared with 61.3% in 2016..
Allandale has 65 properties. Over the last 5 years, Houses in Allandale have seen a 67.73% increase in median value. As at 31 October 2024:
- The median value for Houses in Allandale is $1,495,001.
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