OFF MARKET

41 King Street
Gloucester NSW 2422

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Land area: 759m2
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Property Details for 41 King St, Gloucester

41 King St, Gloucester is a 3 bedroom, 3 bathroom House. The property has a land size of 759m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Land Size
759m2
Local Government
Mid-Coast
Lot/Plan
E/DP116298

Last Listing description (February 2024)

Presenting a rare opportunity to secure a neat, well cared for large commercial premise, with 3 one bedroom residential units above the commercial space. Located in the Gloucester Township, a Mid-North Coast popular country town, situated in a prime position, only a short stroll to the main street (approx. 150m).
Key features include:
- Quality commercial space on the ground floor with long term tenant

- Three one bedroom residential units upstairs - all tenanted
- Current total rental return of $1,050.00 per week ($54,600 pa) - with the potential market rental return of $1,200.00 per week ($62,400pa)
- Side access to parking at the rear of the property
- Excellent location - only 150m to Gloucester's Main Street
- Zoned B2 Local Centre
- Situated in a high traffic area - between the main street, Catholic Care, the local Dentist, Fire Station and the Avon Valley Inn

Contact Olivia Harris for further information on 0432 088 234

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this document.

Property History for 41 King St, Gloucester, NSW 2422

A timeline of how this property has performed in the market
Last Sold
$882,000
25 Sep 2023
Listed for Rent
06 Feb 2016
  • 25 Sep 2023
    Sold for $882,000
  • 24 Nov 2022
    Listed for Sale $885,000
  • 26 Apr 2015
    Listed for Rent - Price not available
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About Gloucester 2422

The size of Gloucester is approximately 58.3 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Gloucester in 2011 was 2,877 people. By 2016 the population was 2,955 showing a population growth of 2.7% in the area during that time. The predominant age group in Gloucester is 60-69 years. Households in Gloucester are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gloucester work in a trades occupation. In 2011, 68.1% of the homes in Gloucester were owner-occupied compared with 66.9% in 2016.

Gloucester has 2,074 properties. Over the last 5 years, Houses in Gloucester have seen a 75.27% increase in median value, while Units have seen a 43.04% increase. As at 31 October 2024:

  • The median value for Houses in Gloucester is $500,493 while the median value for Units is $361,033.
  • Houses have a median rent of $470 while Units have a median rent of $290.
There are currently 84 properties listed for sale, and 17 properties listed for rent in Gloucester on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Gloucester.

Suburb Insights for Gloucester 2422

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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.