16 Halls RoadArcadia NSW 2159
Property Details for 16 Halls Rd, Arcadia
Last Listing description (June 2011)
10 acres on two titles with income potential
This is an outstanding and rare opportunity to acquire two 5 acre adjacent blocks on two titles.
Currently utilised as a nursery, the property has terrific infrastructure including numerous shadehouses and smaller greenhouses which are used for seedling development.
The external nursery areas have extensive weed matting and fencing in place with the whole interwined with a network of lanes allowing tractor and vehicle access. As one would expect with a professional set up such as this, the internal and external irrigation systems are fed via high capacity pumps from a large dam.
Further features include:
Packing sheds * Boiler room * Electronic irrigation control room * Office and reception facilities *
Staff room with kitchen, wash and w.c amenities.
In addition there is a very functional, single level home offering comfortable, easy to manage accommodation.
There is also potential income of close to $140,000 p.a. from a rent-back opportunity.
Property History for 16 Halls Rd, Arcadia, NSW 2159
- 30 Nov 2021Sold
- 14 Nov 2011Sold for $950,000
- 02 Nov 2010Listed for Sale BY NEGOTIATION
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About Arcadia 2159
The size of Arcadia is approximately 22.4 square kilometres. It has 5 parks covering nearly 1.2% of total area. The population of Arcadia in 2011 was 1,305 people. By 2016 the population was 1,388 showing a population growth of 6.4% in the area during that time. The predominant age group in Arcadia is 10-19 years. Households in Arcadia are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Arcadia work in a professional occupation. In 2011, 77% of the homes in Arcadia were owner-occupied compared with 85.1% in 2016.
Arcadia has 484 properties. Over the last 5 years, Houses in Arcadia have seen a 71.63% increase in median value, while Units have seen a 137.90% increase. As at 31 October 2024:
- The median value for Houses in Arcadia is $2,824,137 while the median value for Units is $1,472,359.
- Houses have a median rent of $720.
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