SOLD
Sold on 11 Dec 2023 for $175,000

9-19 Monte Cristo Road
Junee NSW 2663

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 7347m2
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Property Details for 9-19 Monte Cristo Rd, Junee

Building Type
Land
Land Size
7347m2
Local Government
Junee
Lot/Plan
4/DP1137259

Last Listing description (December 2019)

ATTENTION BUILDERS & DEVELOPERS: this knock out opportunity demands your attention
Land size is 7340sq metres and zoned RU5. As it stands no re-zoning will be necessary to develop.

7340 m2 divided by 500m2 equals 14.7 blocks with no access. You would need to allow a 10 metre wide road reserve along the 111 metre Monte Cristo frontage and a 10 meter wide road along the 55 metre Vaughan St frontage.

Services are available with sewer; power and water close by. Sewer and storm water can come from Loughan Rd.
Water currently sits at the entrance corner of Vaughan Street. You could complete the dwellings down Vaughan St. and also along Monte Cristo Rd. without having the costs of roads.
Site plan would be a must to ensure you maximise the maximum dwelling potential for the block
Land would allow 10 to 11 dwellings which include a road to be developed for optimal access
Under the Junee LEP this is RU5 land and the smallest Torrens subdivision is 500m2. Under community title you could erect more dwellings but in practical terms at 250m2 for detached buildings would be the realistic limit.

With a progressive council, an active community and a growing population this sought after development will really have you thinking!

Land Size 7347m2
Rates $2099.98

*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 9-19 Monte Cristo Rd, Junee, NSW 2663

A timeline of how this property has performed in the market
Last Sold
$175,000
11 Dec 2023
  • 11 Dec 2023
    Sold for $175,000
  • 19 Dec 2019
    Sold for $95,406
  • 28 Jun 2018
    Sold for $219,000
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About Junee 2663

The size of Junee is approximately 30.7 square kilometres. It has 16 parks covering nearly 2.1% of total area. The population of Junee in 2011 was 4,577 people. By 2016 the population was 4,929 showing a population growth of 7.7% in the area during that time. The predominant age group in Junee is 20-29 years. Households in Junee are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Junee work in a labourer occupation. In 2011, 70.3% of the homes in Junee were owner-occupied compared with 67.1% in 2016.

Junee has 2,386 properties. Over the last 5 years, Houses in Junee have seen a 76.16% increase in median value, while Units have seen a 55.06% increase. As at 31 August 2024:

  • The median value for Houses in Junee is $370,447 while the median value for Units is $440,879.
  • Houses have a median rent of $385 while Units have a median rent of $270.
There are currently 35 properties listed for sale, and 6 properties listed for rent in Junee on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Junee.

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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.