SOLD
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Sold on 03 Oct 2024 - Price Unavailable

87 Lachlan Street
Forbes NSW 2871

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 62m2
Land area: 62m2
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Property Details for 87 Lachlan St, Forbes

Building Type
Commercial
Floor Size
62m2
Land Size
62m2

Last Listing description (October 2024)

RED HOT INVESTMENT

If you've been looking for a dual investment that gives not one but two incomes then don't go past 87 Lachlan Street it offers an un beatable return on investment!

* Flat rent, advertised for $220 per week. Two bedroom flat with access from the rear lane with secure gate to the stair case. Fresh floor coverings, paint through out, and updated bathroom, separate lounge room & combined kitchen/dining room.

* Shop leased 26/11/24 with option to renew, paying $1433.93 per month. Tidy open area with built in storage, split system, small kitchenette and toilet facility.

You do the sums, this investment is a great little money spinner! The vendors circumstances have changed and says sell. Call Brendon Allegri 0416 930 197 to book your private viewing.

Property History for 87 Lachlan St, Forbes, NSW 2871

A timeline of how this property has performed in the market
Last Sold
03 Oct 2024
  • 03 Oct 2024
    Sold for $257,000
  • 23 Aug 2024
    Listed for Sale Auction/ Unless Sold Prior
  • 30 Jun 2020
    Sold for $138,000
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About Forbes 2871

The size of Forbes is approximately 980.3 square kilometres. It has 21 parks covering nearly 0.2% of total area. The population of Forbes in 2011 was 7,559 people. By 2016 the population was 8,435 showing a population growth of 11.6% in the area during that time. The predominant age group in Forbes is 0-9 years. Households in Forbes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forbes work in a professional occupation. In 2011, 66.7% of the homes in Forbes were owner-occupied compared with 68.3% in 2016.

Forbes has 5,204 properties. Over the last 5 years, Houses in Forbes have seen a 73.07% increase in median value, while Units have seen a 63.95% increase. As at 30 November 2024:

  • The median value for Houses in Forbes is $379,886 while the median value for Units is $298,812.
  • Houses have a median rent of $405 while Units have a median rent of $270.
There are currently 86 properties listed for sale, and 17 properties listed for rent in Forbes on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Forbes.

Suburb Insights for Forbes 2871

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Contact agent
Brendon Allegri
Show contact details
Ray White Parkes
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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.