SOLD
Sold on 07 May 2024 for $1,250,000

66 Aberford Street
Coonamble NSW 2829

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1379m2
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Property Details for 66 Aberford St, Coonamble

Building Type
Commercial
Land Size
1379m2
Local Government
Coonamble
Lot/Plan
1/DP658499

Last Listing description (October 2023)

Under instructions from Barry Kogan and Katherine Sozou as Receivers and Managers, Colliers is excited to present For Sale 66 Aberford Street, Coonamble. Forming part of The Petroleum Portfolio, a rare and unique collection of strategically located service station investments, developments and operational opportunities across the East Coast of Australia.

This property represents a secure investment in a prime regional location and offers the following key investment highlights:
Strategic 1,378m* corner site

Favourable E3 Productivity Support zoning
Fuel infrastructure (5 bowsers & 26 pumps) and retail shop
Attractive 5 + 5 year lease
Passing income of $104,891* per annum with annual CPI increases

The Petroleum Portfolio is offered For Sale in-one-line or individually via Expressions of Interest closing Wednesday 8 November at 3pm (AEDT).

For further information and/or to arrange a private inspection, please contact the exclusive selling agents.

*approx

Property History for 66 Aberford St, Coonamble, NSW 2829

A timeline of how this property has performed in the market
Last Sold
$1,250,000
07 May 2024
  • 07 May 2024
    Sold for $1,250,000
  • 09 Oct 2023
    Listed for Sale Please contact agent
  • 26 May 2017
    Sold for $780,000
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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 1,740 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.
There are currently 3 properties listed for sale, and no properties listed for rent in Coonamble on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Coonamble.

Suburb Insights for Coonamble 2829

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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.