OFF MARKET

11 Albert Street
Cundletown NSW 2430

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 127m2
Land area: 1312m2
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Last updated 11 Nov 2024
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Property Details for 11 Albert St, Cundletown

11 Albert St, Cundletown is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1312m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in February 2001.

Building Type
House
Floor Size
127m2
Land Size
1312m2
Local Government
Mid-Coast
Lot/Plan
1/DP787976

Last Listing description (August 2016)

LOCATED RIGHT IN THE HEART OF TAREE THIS 548 SQUARE METRE PROPERTY IS ZONED 3B COMMERCIAL CORE AND IS FREE FROM SEWER & WATER EASEMENTS MAKING IT A PRIME PIECE OF REAL ESTATE FOR FUTURE DEVELOPMENT IF DESIRED.IMPROVEMENTS ON THE LAND CONSIST OF A COMFORTABLE THREE BEDROOM WEATHERBOARD RESIDENCE WHICH OFFERS A SPACIOUS LOUNGE ROOM, EAT IN KITCHEN & SUNROOM.REAR YARD VEHICLE ACCESS IS AVAILABLE AT THE SIDE OF THE RESIDENCE AND THERE IS A LARGE DOUBLE BRICK GARAGE IN THE BACK YARD.HOW OFTEN DO YOU GET THE CHANCE TO BUY A HOME AT THIS PRICE IN THE MIDDLE OF TOWN LET ALONE HAVING THE POTENTIAL OF RE-DEVELOPMENT DUE TO THE COMMERCIAL ZONING? BUY IT, MOVE IN TO IT YOURSELF OR RENT IT OUT AND TAKE YOUR TIME TO DECIDE HOW YOU MIGHT BEST UTILISE THE PROPERTY FOR THE FUTURE.THIS PROPERTY HAS BEEN PRICED TO ENSURE ACTIVITY AND WILL NOT LAST LONG. CURRENTLY RENTED AT $220 PER WEEK THIS PROPERTY SHOWS A GROSS RETURN OF APPROXIMATELY 7% PER ANNUM (BASED ON ASKING PRICE). WITH A LITTLE MORE MONEY SPENT ON THE HOME A HIGHER WEEKLY RENT COULD BE ACHIEVED FOR THE ASTUTE INVESTOR.

Property History for 11 Albert St, Cundletown, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$197,000
07 Feb 2001
  • 07 Aug 2022
    Sold
  • 24 Aug 2016
    Listed for Sale $159,000
  • 07 Feb 2001
    Sold for $197,000
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