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Sold on 12 Sep 2024 - Price Unavailable

108 Mayne Street
Gulgong NSW 2852

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 444m2
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First National Real Estate Mudgee
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Property Details for 108 Mayne St, Gulgong

108 Mayne St, Gulgong is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 444m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Gulgong in the last 12 months.

Building Type
House
Land Size
444m2
Local Government
Mid-Western Regional
Lot/Plan
5A/3/DP758482

Last Listing description (December 2024)

An exceptional investment opportunity awaits with this well-positioned commercial building, currently leased to a reputable News Agency. Adding to its appeal, the property includes a two-bedroom granny flat, providing additional rental income.

Commercial Building:
- Tenant: Established News Agency

- Lease: $300 per week
- Prime Location: High foot traffic area in charming Gulgong

Adjoining Granny Flat:
-Features: Two bedrooms, one bathroom with open plan kitchen/ dining and formal living room (or third bedroom.) Split system air conditioning and ceiling fans.
-Lease: $250 per week

Key Highlights:
-Dual Income Potential: Secure commercial lease and residential rental
-Location: Conveniently situated in Gulgong's CBD
-Accessibility: Easy rear lane access
-Investment: Ideal for investors seeking stable returns or business owners looking for a live/work setup

Please note the sale is for the building only. The business, 'Gulgong News Agency' is not for sale.

Don't miss out on this unique opportunity to own a versatile property with reliable income streams. For further information or to arrange your inspection contact Marnie Robbins on 0423 618 693.

DISCLAIMER: The above information has been furnished to us by the Vendor. We have not verified whether or not that information is accurate and do not have any belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

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Property History for 108 Mayne St, Gulgong, NSW 2852

A timeline of how this property has performed in the market
Last Sold
12 Sep 2024
Listed for Rent
$225/w
15 Mar 2022
  • 12 Sep 2024
    Sold
  • 06 Aug 2024
    Listed for Sale SOLD
  • 01 Mar 2022
    Listed for Rent $225 / week
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About Gulgong 2852

The size of Gulgong is approximately 101 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Gulgong in 2011 was 2,382 people. By 2016 the population was 2,491 showing a population growth of 4.6% in the area during that time. The predominant age group in Gulgong is 0-9 years. Households in Gulgong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gulgong work in a trades occupation. In 2011, 68.4% of the homes in Gulgong were owner-occupied compared with 67.8% in 2016.

Gulgong has 1,630 properties. Over the last 5 years, Houses in Gulgong have seen a 94.33% increase in median value, while Units have seen a 83.32% increase. As at 30 November 2024:

  • The median value for Houses in Gulgong is $544,604 while the median value for Units is $441,653.
  • Houses have a median rent of $550 while Units have a median rent of $365.
There are currently 32 properties listed for sale, and 26 properties listed for rent in Gulgong on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Gulgong.

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