OFF MARKET

20 Ogilvie Street
Denman NSW 2328

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 2023m2
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Last updated 4 Nov 2024
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Property Details for 20 Ogilvie St, Denman

20 Ogilvie St, Denman is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2023m2. While the property is not currently for sale or for rent, it was last sold in September 2012.

Building Type
House
Land Size
2023m2
Local Government
Muswellbrook
Lot/Plan
1/DP770596

Last Listing description (August 2021)

Situated in the heart of Denman's thriving Main Street, this commercial premises offers 3 shops, 2 accommodation huts & plenty of land to expand. The first shop is a Cafe currently let to excellent tenants. The middle shop is a retail premises and is also currently let to long term tenants. The third shop is a fully equipped Pizzeria which has just been completed ready for a tenant. At the rear of the building are two 1 bedroom self contained dongas. One is fully renovated and let on a casual basis at $100 a night. The other needs completing and will rent for the same. There is also 2 containers for storage. The land is 2023sqm with side street access and plenty of room to build some more accommodation which is in huge demand in Denman for both tourists and contractors. Currently returning approximately $78,000 per year with the Pizza Shop and other unit adding another potential $46,800 this is an excellent mixed investment with the option to also strata title the shops.

Property History for 20 Ogilvie St, Denman, NSW 2328

A timeline of how this property has performed in the market
Last Sold
$420,000
26 Sep 2012
  • 17 May 2021
    Listed for Sale $999,000
  • 21 May 2019
    Listed for Rent - Price not available
  • 26 Sep 2012
    Sold for $420,000
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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 1,069 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 14 properties listed for sale, and 3 properties listed for rent in Denman on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Denman.

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