353 Tarean RoadKaruah NSW 2324
Property Details for 353 Tarean Rd, Karuah
353 Tarean Rd, Karuah is a 14 bedroom, 10 bathroom House with 10 parking spaces. The property has a land size of 11507m2.
Last Listing description (December 2021)
The Phone Code for this property is: 48968. Please quote this number when phoning or texting.
Spacious and comfortable 3 bedroom, 2 bathroom private residence sits on a total land area of about 1 1/2 to 1 3/4 acres.
Spacious kitchen with some renovations. Two door fridge and coffee machine included with property if desired.
One dining room and another separate large storage room.
One spacious living area which includes, if desired, matching leather lounge set (one 3 seater, one 2 seater and one single lounge).
Two bedrooms include walk in wardrobes. Queen bed in main bedroom included as are the single beds (3 in total) in the other two bedrooms (if desired by purchaser). Third bedroom includes private ensuite.
Beautifully created gardens with established trees. Ample parking for larger vehicles, for example, furniture moving trucks, boats, trailers etc.
Plenty of outdoor space to be enjoyed in private both to the side and back of the property. Separate converted large garage with air conditioning which could be used as a rumpus/entertainment room/teenagers retreat/man cave or renovated for potential rental income.
There is a further building to the back of the private residence which includes a bathroom and kitchen area. This has the potential for renovation for private use or rental income.
Separate spacious laundry room which includes operational washing machines and amble space for storage.
Within comfortable walking distance to CBD and Karuah river.
35 minutes from Newcastle and Maitland. 2 hours from Sydney.
The property includes an 11 room motel (current ongoing business). Each room has its own undercover car park. Each motel room is uniquely and beautifully decorated. Rooms all include private bathroom, air conditioning and modern facilities.
Despite Covid, business income for 2020/2021 financial year was $164,000 nett.
No food service.
Huge potential for improvement and expansion.
Current owners purchased property 18 years ago.
Tranquil, comfortable feel to the property.
Business fully operational.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property History for 353 Tarean Rd, Karuah, NSW 2324
- 30 Oct 2021Listed for Sale $1,900,000
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0About Karuah 2324
The size of Karuah is approximately 74.7 square kilometres. It has 13 parks covering nearly 32.1% of total area. The population of Karuah in 2011 was 1,326 people. By 2016 the population was 1,421 showing a population growth of 7.2% in the area during that time. The predominant age group in Karuah is 60-69 years. Households in Karuah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Karuah work in a trades occupation. In 2011, 72% of the homes in Karuah were owner-occupied compared with 73.1% in 2016.
Karuah has 1,165 properties. Over the last 5 years, Houses in Karuah have seen a 81.31% increase in median value, while Units have seen a -23.34% decrease. As at 31 October 2024:
- The median value for Houses in Karuah is $634,465 while the median value for Units is $488,010.
- Houses have a median rent of $505.
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