OFF MARKET

12 Cudgery Street
Dorrigo NSW 2453

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 651m2
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Property Details for 12 Cudgery St, Dorrigo

Building Type
Commercial
Land Size
651m2
Local Government
Bellingen
Lot/Plan
CP/SP22479

Last Listing description (October 2015)

THIS IS AN OUTSTANDING OPPORTUNITY FOR FIRST TIME INVESTORS OR EXPERIENCED PUNTERS TO ENTER THE COMMERCIAL PROPERTY MARKET AT AN AFFORDABLE PRICE. SHOPS 1 & 2/12 CUDGERY STREET BOAST EXCELLENT EXPOSURE AND SOLID TENANCY HISTORY;- WELL PRESENTED LOW MAINTENANCE BRICK BUILDING, FRONT 2 ARCADE SHOPS 90M2 APPROXIMATELY, CUSTOMER AND STREET PARKING- EXCELLENT EXPOSURE TO PEDESTRIANS PLUS FRONTAGE TO THE MAIN TOURIST ROUTE ROAD BETWEEN THE COAST AND THE TABLELANDS- CURRENT 5 YEAR LEASE UP TO 20 SEPT 2017, AND 5% INCREASES PER ANNUM- CURRENT RENTAL $280PW EX. GST OR $14,600 P.A.- RATES TOTAL $4,302.54 P.A. STRATA LEVIES $2,968.00 P.A.- NET ANNUAL RETURN APPROXIMATELY $7,329.46 P.A.- NOTE - BUSINESS NOT FOR SALE

Property History for 12 Cudgery St, Dorrigo, NSW 2453

A timeline of how this property has performed in the market
Last Sold
$24,835
28 Jan 1991
  • 15 Jun 2015
    Listed for Sale $99,000
  • 28 Jan 1991
    Sold for $24,835
  • 30 Nov 1990
    Sold for $27,000

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About Dorrigo 2453

The size of Dorrigo is approximately 40.5 square kilometres. It has 14 parks covering nearly 1.4% of total area. The population of Dorrigo in 2011 was 1,523 people. By 2016 the population was 1,197 showing a population decline of 21.4% in the area during that time. The predominant age group in Dorrigo is 60-69 years. Households in Dorrigo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dorrigo work in a labourer occupation. In 2011, 73.2% of the homes in Dorrigo were owner-occupied compared with 73.2% in 2016.

Dorrigo has 892 properties. Over the last 5 years, Houses in Dorrigo have seen a 76.92% increase in median value, while Units have seen a -41.81% decrease. As at 31 August 2024:

  • The median value for Houses in Dorrigo is $574,208 while the median value for Units is $369,638.
  • Houses have a median rent of $395.
There are currently 20 properties listed for sale, and 5 properties listed for rent in Dorrigo on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Dorrigo.

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