71 Main St, Alstonville is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1013m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Alstonville in the last 12 months.
An opportunity to purchase such a diverse investment is a rarity ... with income from commercial & residential and with future development potential (s.t.c.a). Located in the Alstonville CBD within easy walking access to Alstonville's shops, doctors, sporting fields & schools. Excellent exposure from passing traffic.
A bustling food & homewares commercial shop fronts onto Alstonville's Main St & has recently signed a new 5 x 5-year lease at $23,400pa (ex GST) with yearly CPI rent reviews. The lease commenced on 23/11/23.
The attached residence has potentially 5-6 bedrooms, plus a sleepout, two bathrooms, an open plan kitchen, dining & family area plus there's a large backyard to utilise. A renovation of the residence would create an opportunity to increase the current weekly rent. There is potential to convert the residence to an office space or consultation rooms (s.t.c.a.). Currently, the 1-year lease commenced on 25/1/24 at $27,530 pa. NB: New roof installed in 2021.
With BLEP 2012 - E1 Local Centre zoning there is potential for a boundary realignment of the existing two lots (Lots 6 & 7) to create separate shop top housing or a residential dwelling a the rear of the property. Alternatively, with land size of 1,013sqm also opportunity for expansion of the existing commercial space, via a extending the building or by creating more customer/tenant car parking (s.t.c.a.). Consultant reports commissioned by the current owners for a potential DA are available to review on request for serious buyers and include planning, design, environmental, building and accessibility considerations. Pre DA meeting notes from Council are also available.
An investment opportunity to purchase in Alstonville's tightly held Main Street.
For all enquiries, please contact Exclusive Agents: Richard Campbell 0414 286138 or Tim Jeffery 0404 146371.
The size of Alstonville is approximately 29 square kilometres. It has 23 parks covering nearly 2.3% of total area. The population of Alstonville in 2011 was 5,647 people. By 2016 the population was 5,720 showing a population growth of 1.3% in the area during that time. The predominant age group in Alstonville is 60-69 years. Households in Alstonville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Alstonville work in a professional occupation. In 2011, 73.4% of the homes in Alstonville were owner-occupied compared with 72.8% in 2016.
Alstonville has 3,408 properties. Over the last 5 years, Houses in Alstonville have seen a 63.83% increase in median value, while Units have seen a 69.13% increase. As at 31 July 2024:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.