22 Castlereagh StreetCoonamble NSW 2829
Property Details for 22 Castlereagh St, Coonamble
Last Listing description (November 2023)
There is something about old bank buildings that are downright charming.
They are grand, they're beautiful and they're full of character.
Originally built in about 1936 as the Rural Bank of NSW, this local heritage-listed building has retained much of its wonderful period features, including the brick, and rendered federation-style facade.
Whilst some old banks are still being used for the purpose they were built for; others have been repurposed for something entirely different.
Currently the ground floor of this building has a long-term tenancy agreement. $1100 a week,
($52,800 a year) until 30/7/2027 - With room to increase your investment income, upstairs is crying out for someone to give it a new lease on life. A residence, A BnB, office space, restaurant the possibilities are only limited by your imagination.
Call Fiona to make an appointment for a viewing 0487221100.
Property History for 22 Castlereagh St, Coonamble, NSW 2829
- 25 Sep 2023Sold for $400,000
- 01 Sep 2023Listed for Sale Under Contract!
- 18 May 1998Sold for $150,000
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About Coonamble 2829
The size of Coonamble is approximately 1,604.7 square kilometres. It has 4 parks covering nearly 0.1% of total area. The population of Coonamble in 2011 was 2,997 people. By 2016 the population was 2,748 showing a population decline of 8.3% in the area during that time. The predominant age group in Coonamble is 50-59 years. Households in Coonamble are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coonamble work in a managers occupation. In 2011, 64.6% of the homes in Coonamble were owner-occupied compared with 62.9% in 2016.
Coonamble has 1,741 properties. Over the last 5 years, Houses in Coonamble have seen a 109.76% increase in median value, while Units have seen a 33.10% increase. As at 31 October 2024:
- The median value for Houses in Coonamble is $191,520 while the median value for Units is $205,627.
- Houses have a median rent of $280.
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