OFF MARKET

1416 George Booth Drive
Buchanan NSW 2323

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1562100m2
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Property Details for 1416 George Booth Dr, Buchanan

Building Type
Land
Land Size
1562100m2
Local Government
Cessnock
Lot/Plan
32/DP1085798

Last Listing description (October 2023)

- The property is ideally located only 30 kilometres* west of the Newcastle Central Business District, 15 kilometres* south of Maitland CBD and 20 kilometres* east of Cessnock CBD.
- The significant land holding is situated on both sides of the Hunter Expressway, bounded in part by George Booth Drive to the west and John Renshaw Drive to the north.
- The subject property comprises six contiguous lots extending a total site area of 443.64 ha*.

- This significant holding provides a once in a generation opportunity to purchase a value add land bank with the benefit of existing income totalling $1,578,000* per annum.

For Sale by Expressions of Interest l Please contact Peter Macadam on 0402 074 159 for more information.

*Approximate

Property History for 1416 George Booth Dr, Buchanan, NSW 2323

A timeline of how this property has performed in the market
Last Sold
$222,500
11 Jan 2008
Listed for Rent
15 Jun 2015
  • 29 Oct 2020
    Listed for Rent - Price not available
  • 14 Aug 2018
    Listed for Sale By Negotiation
  • 12 Jun 2018
    Sold
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About Buchanan 2323

The size of Buchanan is approximately 30.6 square kilometres. It has 1 park. The population of Buchanan in 2011 was 655 people. By 2016 the population was 188 showing a population decline of 71.3% in the area during that time. The predominant age group in Buchanan is 10-19 years. Households in Buchanan are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Buchanan work in a clerical occupation. In 2011, 85.8% of the homes in Buchanan were owner-occupied compared with 80.7% in 2016.

Buchanan has 216 properties. Over the last 5 years, Houses in Buchanan have seen a 12.47% increase in median value. As at 31 October 2024:

  • The median value for Houses in Buchanan is $970,742.
There are currently 3 properties listed for sale, and no properties listed for rent in Buchanan on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Buchanan.

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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.