OFF MARKET

22 Angus Avenue
Kandos NSW 2848

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 371m2
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Property Details for 22 Angus Ave, Kandos

Building Type
Commercial
Land Size
371m2
Local Government
Mid-Western Regional
Lot/Plan
2/DP818024

Last Listing description (November 2022)

Home to one of the most prominent successful businesses in Kandos this property is the subject of an existing lease showing around 5% yield this one does make for an easy investment decision.

The land area of the property is 371 sq m in size and it has a 7.3 m frontage. The premises comprises a public access area at the front affording plenty of space to display wares and to comfortably seat customers. There is a division between the front and the rear section of the building with is set up as storage and preparation. Within this rear section is a large cool room included in the sale of the property. The balance of the fittings are owned by the tenants.

Kandos village center is enjoying a increase in business activity along with the broader region. The sale of this property offers an opportunity for an investor to step in to the market and enjoy a 'foot stool to a fortune'. Work with the great tenants to freshen up the property and lock in long term returns.

Note: GST is applicable on this sale. Sale is subject to existing tenancy.

Inspections only available in trading hours and only by prior appointment in advance. Contact Stewart Adlington on 0400 890 432 to discuss details and to arrange your private inspection appointment.

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Property History for 22 Angus Ave, Kandos, NSW 2848

A timeline of how this property has performed in the market
Last Sold
$310,000
14 Sep 2022
  • 30 Nov 2022
    Listed for Sale Auction
  • 14 Sep 2022
    Sold for $310,000
  • 14 Jul 2022
    Listed for Sale Auction
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About Kandos 2848

The size of Kandos is approximately 40.1 square kilometres. It has 3 parks covering nearly 20.8% of total area. The population of Kandos in 2011 was 1,283 people. By 2016 the population was 1,347 showing a population growth of 5.0% in the area during that time. The predominant age group in Kandos is 50-59 years. Households in Kandos are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kandos work in a trades occupation. In 2011, 64.9% of the homes in Kandos were owner-occupied compared with 66.3% in 2016.

Kandos has 960 properties. Over the last 5 years, Houses in Kandos have seen a 91.51% increase in median value, while Units have seen a 13.48% increase. As at 30 September 2024:

  • The median value for Houses in Kandos is $375,245 while the median value for Units is $297,820.
  • Houses have a median rent of $350 while Units have a median rent of $150.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Kandos on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Kandos.

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