OFF MARKET

26 Mangrove Street
Evans Head NSW 2473

Bedrooms: 10
Bathrooms: 10
Car spaces: 4
Land area: 1391m2
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Property Details for 26 Mangrove St, Evans Head

26 Mangrove St, Evans Head is a 10 bedroom, 10 bathroom Unit with 4 parking spaces. The property has a land size of 1391m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
Unit
Land Size
1391m2
Local Government
Richmond Valley
Lot/Plan
2/DP517561

Last Listing description (September 2017)

This property offers a range of valuable real estate features; multiple income streams, a large 1391m2 block adjacent to the river, and 2 two street frontages which enable a host of future development opportunities (STCA). Comprising of ten fully occupied bedsit units, this property has been returning a sound income stream with low vacancy rates for a number of years. Features include;

- 10 x 1 bedroom, 1 bathroom units with a shared laundry in the complex
- 1,391m2 level block adjacent to the Evans River

- Two street frontages, 5 units face Mangrove St & 5 with access from Cherry St
- Complex has established tenants and very low vacancy rate
- Located in a quiet area of town, close walking distance to Main Street and RSL Club
- All ingoing and outgoing figures are available on request
- Unit 8 has been fully renovated including new kitchen and bathroom

This opportunity is one-of-a-kind in Evans Head and is sure to appeal to those looking add to a self-managed super fund or investment portfolio. Call David today to arrange your inspection on 0417 607 740 or 02 6682 6226.

Property History for 26 Mangrove St, Evans Head, NSW 2473

A timeline of how this property has performed in the market
Last Sold
$990,000
01 Feb 2017
Listed for Rent
$150/w
01 Jun 2013
  • 01 Feb 2017
    Sold for $990,000
  • 17 Nov 2016
    Listed for Sale Not Disclosed
  • 24 May 2013
    Listed for Rent $150 / week
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About Evans Head 2473

The size of Evans Head is approximately 21.8 square kilometres. It has 8 parks covering nearly 31% of total area. The population of Evans Head in 2011 was 2,729 people. By 2016 the population was 2,836 showing a population growth of 3.9% in the area during that time. The predominant age group in Evans Head is 60-69 years. Households in Evans Head are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Evans Head work in a professional occupation. In 2011, 53.4% of the homes in Evans Head were owner-occupied compared with 56% in 2016.

Evans Head has 2,417 properties. Over the last 5 years, Houses in Evans Head have seen a 77.52% increase in median value, while Units have seen a 53.67% increase. As at 31 January 2025:

  • The median value for Houses in Evans Head is $1,052,082 while the median value for Units is $667,571.
  • Houses have a median rent of $650 while Units have a median rent of $500.
There are currently 19 properties listed for sale, and 1 property listed for rent in Evans head on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Evans head.

Suburb Insights for Evans Head 2473

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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.