OFF MARKET

1 Paxton Street
Denman NSW 2328

Bedrooms: 3
Bathrooms: 18
Car spaces: 16
Floor area: 92m2
Land area: 2023m2
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Property Details for 1 Paxton St, Denman

1 Paxton St, Denman is a 3 bedroom, 18 bathroom Unit with 16 parking spaces and was built in 1970. The property has a land size of 2023m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1970
Floor Size
92m2
Land Size
2023m2
Local Government
Muswellbrook
Lot/Plan
1/DP1014998

Last Listing description (September 2024)

Entire block of 18 villa's

Denman is a small country town with a big name in fine wine, good food, and heritage charm set in beautiful Upper Hunter with its rolling vineyards, champion horse studs, and magnificent national parks. This vibrant region boasts a robust demand for accommodation. Priced at $4.75 million, the units offer a stable source of income for investors looking to move away from the unpredictable fluctuations of the stock market. The mix of 1, 2, and 3-bedroom villas would also suit a family group investment. They could divide the units among various members while the group maintained vested control of the whole strata complex.

# 18 Single level Strata Villas, complex comprises of - Two X 1 bedroom, Two X 3 bedroom, fourteen X 2 bedroom '

# Consistent low vacancy rates thanks to a diverse mix of reliable tenants from, ancillary mine workers defense personnel and reliable retirees.

#
Ideal for a self managed super fund, or family trust.

If your seeking a stable source of income and looking to move away the unpredictable fluctuations of the stock market,
this property may be the ideal for you. Owner has recently retired and is offering the whole complex at $4.75mil

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Property History for 1 Paxton St, Denman, NSW 2328

A timeline of how this property has performed in the market
Last Sold
$200,000
07 Feb 2022
  • 01 May 2024
    Listed for Sale Not Disclosed
  • 20 Nov 2023
    Listed for Sale Not Disclosed
  • 07 Feb 2022
    Sold for $200,000
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About Denman 2328

The size of Denman is approximately 116.7 square kilometres. It has 3 parks covering nearly 1.1% of total area. The population of Denman in 2011 was 1,800 people. By 2016 the population was 1,798 showing a population decline of 0.1% in the area during that time. The predominant age group in Denman is 10-19 years. Households in Denman are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Denman work in a machinery operators and drivers occupation. In 2011, 67.5% of the homes in Denman were owner-occupied compared with 67.9% in 2016.

Denman has 1,067 properties. Over the last 5 years, Houses in Denman have seen a 69.60% increase in median value, while Units have seen a 69.87% increase. As at 31 October 2024:

  • The median value for Houses in Denman is $506,672 while the median value for Units is $384,578.
  • Houses have a median rent of $550 while Units have a median rent of $380.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Denman on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Denman.

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