OFF MARKET

95-97 Main Street
Cundletown NSW 2430

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2188m2
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Property Details for 95-97 Main St, Cundletown

Building Type
Commercial
Land Size
2188m2
Local Government
Mid-Coast
Lot/Plan
3B/DP163103

Last Listing description (January 2014)

FREEHOLD BUSINESS AND RESIDENCE - Mitchells Island
This general convience store (with post office, newsagency and liqour licence) has been trading for over 40 years. It is the only general store on the Island.
Manning Point is a picturesque village located 300 km North of Sydney at the mouth of the Manning River. It sits on a narrow spit between the river and the sea. It is part of a landscape of islands and the many tributaries that form the Manning River delta, the largest in Australia.

The busy general store includes a liquor license, full newsagency, Australia Post community agency, takeaway food, tea and coffee, souvenirs, cigarettes, ice, groceries, confectionery, bait, tackle and fishing licences, ice, LPG refills and fuel. It boasts a computerised point of sale system which includes integrated eftpos facility and an ATM.
Purchase includes large walk in coolrooms and freezers, ice making machine and all necessary equipment.
This business meets the requirements of the Federal Government's business immigration programme.
A local primary school, two large caravan parks, bowling club and a restaurant as well as other holiday accommodation are located at Manning Point. It is a popular holiday location with safe boating and excellent river and beach fishing.
A great seachange location, only three hours drive north of Sydney with rail and air services from Taree and only 10 minutes drive to the coastal town of Old Bar (with schools and major shopping centres) and 5 minutes by boat to Harrington and the famous Harrigans Irish Pub and golf course.

Property History for 95-97 Main St, Cundletown, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$83,000
16 Jul 1992
  • 27 Jul 2013
    Listed for Sale $780000 + SAV
  • 24 Apr 2013
    Listed for Sale $780,000 PLUS
  • 16 Jul 1992
    Sold for $83,000

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About Cundletown 2430

The size of Cundletown is approximately 19.4 square kilometres. It has 8 parks covering nearly 0.9% of total area. The population of Cundletown in 2011 was 2,064 people. By 2016 the population was 2,060 showing a population decline of 0.2% in the area during that time. The predominant age group in Cundletown is 50-59 years. Households in Cundletown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cundletown work in a professional occupation. In 2011, 80.4% of the homes in Cundletown were owner-occupied compared with 73.9% in 2016.

Cundletown has 916 properties. Over the last 5 years, Houses in Cundletown have seen a 49.23% increase in median value, while Units have seen a 44.65% increase. As at 30 September 2024:

  • The median value for Houses in Cundletown is $507,323 while the median value for Units is $385,833.
  • Houses have a median rent of $490.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Cundletown on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Cundletown.

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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.