SOLD
Sold on 25 Jan 2024 for $607,500

60 Ring Street
Inverell NSW 2360

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6687m2
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Property Details for 60 Ring St, Inverell

Building Type
Commercial
Land Size
6687m2
Local Government
Inverell
Lot/Plan
2/DP616366

Last Listing description (October 2022)

Do not miss this fantastic opportunity to purchase these 2 large sheds situated on a large 6,687m2 block. High traffic flow area and abundant parking available.

Shed 1:

Generous 16m x 24m shed with power.

Large workshop with spare parts shop and office area.

Interior showroom, plus exterior undercover area.

Amenities include toilet and shower.

Situated in a high flow traffic area, with plenty of parking available.

Currently tenanted with great returns.

Shed 2:

Indoor sporting arena popular with all ages.

Large 36m x 24m shed with stressed concrete and coloured carpet flooring.

Enclosed sporting area surrounded by netting and set up for netball, cricket, volleyball and soccer.

Brick convenience area complete with dining area and office.

Separate men's and women's amenities.

Undercover outdoor seating area.

Evaporative air conditioning throughout, plus wood heating for keeping warm in winter.

Situated in a high flow traffic area, with plenty of parking available.

Disclaimer: All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

* Images reflect property at the time when the photos were taken or in some cases at an earlier point to accommodate the privacy of the tenant or owner. Seasonal changes & maintenance can affect the current presentation and prospective purchasers are urged to use them as a guide only.

Property Code: 400

Property History for 60 Ring St, Inverell, NSW 2360

A timeline of how this property has performed in the market
Last Sold
$607,500
25 Jan 2024
  • 25 Jan 2024
    Sold for $607,500
  • 09 Nov 2020
    Listed for Sale $1,100,000
  • 27 Sep 2018
    Listed for Sale $1,300,000
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About Inverell 2360

The size of Inverell is approximately 208.6 square kilometres. It has 25 parks covering nearly 6.2% of total area. The population of Inverell in 2011 was 11,399 people. By 2016 the population was 11,682 showing a population growth of 2.5% in the area during that time. The predominant age group in Inverell is 0-9 years. Households in Inverell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inverell work in a labourer occupation. In 2011, 65.2% of the homes in Inverell were owner-occupied compared with 61.9% in 2016.

Inverell has 6,485 properties. Over the last 5 years, Houses in Inverell have seen a 70.60% increase in median value, while Units have seen a 42.36% increase. As at 30 September 2024:

  • The median value for Houses in Inverell is $367,985 while the median value for Units is $292,866.
  • Houses have a median rent of $380 while Units have a median rent of $300.
There are currently 105 properties listed for sale, and 33 properties listed for rent in Inverell on OnTheHouse. According to CoreLogic's data, 265 properties were sold in the past 12 months in Inverell.

Suburb Insights for Inverell 2360

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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.