OFF MARKET

9 Serrata Lane
Fishermans Reach NSW 2441

Bedrooms: 1
Bathrooms: 1
Car spaces: 3
Land area: 76m2
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Property Details for 9 Serrata Lane, Fishermans Reach

9 Serrata Lane, Fishermans Reach is a 1 bedroom, 1 bathroom Unit with 3 parking spaces. The property has a land size of 76m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
Unit
Land Size
76m2
Local Government
Kempsey
Lot/Plan
9/DP285434

Last Listing description (June 2018)

Whether you're thinking of buying your first investment property or wish to grow your property portfolio, this opportunity is worthy of your serious consideration.Situated within a complex of Torrens title detached villas and combined bedsit units sprawled over parklike grounds, this offering will immediately appeal to investors seeking a ready-made return with tenants already in place.- Low maintenance, solid double brick build with high raked ceilings and tiled floors- 3 bedsitters comprising integrated all day living- Each unit has its own allocated parking along with visitor parking space- Affordable weekly rent, currently returning from $140 - $145 p/w with potential to increase to $160 p/w per unit- Current gross yield of approximately 10%- Strong rental history within the complex - Easy stroll to river for fishing- Within 4kms to shops, cafes, beach at Stuarts Point- Approximately 20-30 mins drive to Macksville or Kempsey for other facilities- Opportunity to purchase bedsitters individually, prices ranging from $70k - $95k* COUNCIL RATES : $356 per qtr (per unit)* STRATA LEVY : $406 per qtr (per unit)Call Caterina for more information or to arrange an inspection on 0417 750 773All information contained herein is gathered from sources we consider to be reliable. Whilst every care has been taken in obtaining the information no warranty is given as to the accuracy. Interested parties should rely on their own investigations and research.

Property History for 9 Serrata Lane, Fishermans Reach, NSW 2441

A timeline of how this property has performed in the market
Last Sold
$185,000
05 Dec 2018
Listed for Rent
$130/w
05 Jun 2013
  • 05 Dec 2018
    Sold for $185,000
  • 17 Apr 2018
    Listed for Sale $225000
  • 04 Aug 2013
    Listed for Sale Not Disclosed
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About Fishermans Reach 2441

The size of Fishermans Reach is approximately 19.1 square kilometres. It has 3 parks covering nearly 15.1% of total area. The population of Fishermans Reach in 2011 was 280 people. By 2016 the population was 149 showing a population decline of 46.8% in the area during that time. The predominant age group in Fishermans Reach is 60-69 years. Households in Fishermans Reach are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Fishermans Reach work in a labourer occupation. In 2011, 63.8% of the homes in Fishermans Reach were owner-occupied compared with 45.2% in 2016.

Fishermans Reach has 146 properties. Over the last 5 years, Houses in Fishermans Reach have seen a 138.13% increase in median value. As at 31 October 2024:

  • The median value for Houses in Fishermans Reach is $893,054 while the median value for Units is $523,323.
There are currently 1 property listed for sale, and 1 property listed for rent in Fishermans reach on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Fishermans reach.

Suburb Insights for Fishermans Reach 2441

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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.