SOLD
Sold on 04 May 2024 for $925,000

32 Great North Road
Frederickton NSW 2440

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 80m2
Land area: 1343m2
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Property Details for 32 Great North Rd, Frederickton

32 Great North Rd, Frederickton is a 8 bedroom, 4 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 1343m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 8 bedroom House sold in Frederickton in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
80m2
Land Size
1343m2
Local Government
Kempsey
Lot/Plan
5/DP617082

Last Listing description (July 2024)

Discover an exceptional real estate opportunity - a block of four spacious 2-bedroom brick units at 32 Great North Road, Frederickton.

Located in an elevated position in Frederickton, these units offer convenient access to schools, parks, shops and tavern.

Each of the four units feature comfortable living spaces, well-appointed kitchens, and two generous bedrooms, all with built-in robes.

You'll find four carports at the rear of the complex offering each their own undercover parking space.

This property presents a promising investment opportunity with four long term tenants and a strong rental history so you can secure your financial future with steady rental income.

Constructed with brick and colourbond roofing, these units not only look great but are also low maintenance, ensuring a hassle-free investment.

Frederickton is a great community, with increasing demand for quality rental properties, making this an ideal investment for long-term growth.

Don't miss out on this unique investment opportunity. Whether you're a seasoned investor or looking to expand your property portfolio, these 4 unit complex is sure to impress.

For more information or to schedule a viewing, please contact Leah Elford on 0428 295 952.

Features include :-
- Elevated position in Frederickton for easy access to amenities.
- Four well-maintained 2-bedroom units.
- Spacious living areas.
- Four carports at the rear of the complex.
- Strong rental history.
- Low-maintenance brick construction with colourbond roofing.
- Ideal for both investors and portfolio expansion.
- Current rental income $58,240pa increasing to $60,320pa in Feb 2024

Disclaimer: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property History for 32 Great North Rd, Frederickton, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$925,000
04 May 2024
Listed for Rent
$180/w
31 Jul 2013
  • 04 May 2024
    Sold for $925,000
  • 19 Oct 2023
    Listed for Sale Price Guide $980,000 - $1,050,000
  • 23 Jul 2013
    Listed for Rent $180 / week
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About Frederickton 2440

The size of Frederickton is approximately 12.3 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Frederickton in 2011 was 1,278 people. By 2016 the population was 1,382 showing a population growth of 8.1% in the area during that time. The predominant age group in Frederickton is 10-19 years. Households in Frederickton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Frederickton work in a labourer occupation. In 2011, 72.1% of the homes in Frederickton were owner-occupied compared with 69.4% in 2016.

Frederickton has 620 properties. Over the last 5 years, Houses in Frederickton have seen a 67.49% increase in median value, while Units have seen a 92.10% increase. As at 30 November 2024:

  • The median value for Houses in Frederickton is $494,078 while the median value for Units is $408,192.
  • Houses have a median rent of $488.
There are currently 13 properties listed for sale, and no properties listed for rent in Frederickton on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Frederickton.

Suburb Insights for Frederickton 2440

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Contact agent
Leah Elford
Show contact details
Elders Real Estate Kempsey
Preferred contact:
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.