OFF MARKET

4 Henbury Avenue
Kandos NSW 2848

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 3811m2
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Property Details for 4 Henbury Ave, Kandos

Building Type
Commercial
Land Size
3811m2
Local Government
Mid-Western Regional
Lot/Plan
6/DP595800

Last Listing description (February 2016)

THIS 14 UNIT MOTEL WAS BUILT BY THE CURRENT OWNERS 40 YEARS AGO AND HAS BEEN LOVINGLY MAINTAINED AND OPERATED BY THEM EVER SINCE.SITUATED IN A HIGH TRAFFIC FLOW LOCATION ON THE EDGE OF HENBURY GOLF COURSE THE FAIRWAYS HOTEL OFFERS 14 ROOMS, ALL AIR CONDITIONED AND WITH DIFFERENT BEDDING ARRANGEMENTS CATERING TO ALL ASPECTS OF THE MARKET.ONE OF ONLY 2 MOTEL OPTIONS FOR BOTH KANDOS AND RYLSTONE THESE TWO QUAINT COUNTRY TOWNS ARE WITHIN A 3 HOUR DRIVE FROM SYDNEY AND ARE POPULAR TOURIST DESTINATIONS FOR BOTH THE LOCAL ATTRACTIONS, WITH ITS CLOSE PROXIMITY TO THE INCREDIBLE CAPERTEE VALLEY AND WOLLOMI NATIONAL PARK, AND FOR THE MUDGEE WINE AND FOOD OUTLETS WHICH ENSURES A STEADY FLOW OF CUSTOMERS.OFFERED ON FREEHOLD TITLE WITH LAND AREA OF 3,811 M2 WITH PLENTY OF SCOPE FOR FUTURE EXPANSION, AND WITH THE COAL MINE DEVELOPMENT NORTH OF KANDOS DUE TO KICK OFF IN 18 MONTHS, NOW IDS THE TIME TO BUY.FOR SALE ON A WALK IN WALK OUT BASIS THIS IS A RARE OPPORTUNITY TO PURCHASE A FREEHOLD MOTEL WITH EXCELLENT POTENTIAL BY UPDATING ITS CURRENT MARKETING STRATEGIES TO INCREASE OCCUPANCY RATES AND CASH FLOW.FREEHOLD TITLE, 14 ROOMS, PRIME LOCATIONS A 2 BEDROOM OWNERS RESIDENCE AND IMMEDIATE CASH FLOW FROM A PROVEN PERFORMER.INSPECTIONS ARE STRICTLY BY APPOINTMENT. CALL GEOFF BARTLETT ON 0413 488 188 TODAY OR THE OFFICE ON 02 6379 1955ITS TIME TO BE YOUR OWN BOSS!

Property History for 4 Henbury Ave, Kandos, NSW 2848

A timeline of how this property has performed in the market
Last Sold
$1,050,000
24 Nov 2020
  • 24 Nov 2020
    Sold for $1,050,000
  • 10 Aug 2016
    Sold for $800,000
  • 12 Feb 2016
    Listed for Sale $980,000
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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 963 properties. Over the last 5 years, Houses in Kandos have seen a 93.37% increase in median value, while Units have seen a 52.16% increase. As at 30 November 2024:

  • The median value for Houses in Kandos is $388,871 while the median value for Units is $342,934.
  • Houses have a median rent of $350 while Units have a median rent of $150.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Kandos on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Kandos.

Suburb Insights for Kandos 2848

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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.