OFF MARKET

10 East Lanitza Road
Lanitza NSW 2460

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 8503m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 10 East Lanitza Rd, Lanitza

Building Type
Land
Land Size
8503m2
Local Government
Clarence Valley
Lot/Plan
51/DP1119715

Last Listing description (March 2020)

All is in place with 'the bones of a previous well-established cash flow business' all still here but the vendors are tired, older and fresh new ideas are needed, with a little bit of motivation.
The business has been very good to them but at their stage in life, they have lost all interest.
Goodwill is minimal and they are making a living but that's really all they need to do and want to do.

Locals are missing out at the moment to some extent with no hot food from the commercial kitchen, no takeaways, pizzas, or coffee for travelers. But the bottleshop is always popular.
In the last 15 years, this property has been very fruitful to the existing owners.
They leased it originally then after the first few years purchased it .
Back then this area was a lot quieter, less driveby traffic but trade was always impressive allowing them to buy the freehold.
The area has now grown immensely compared with 15 years ago.
This business should service this local area and with no opposition and the general store. bottleshop and fuel outlets can easily be brought back to its previous popularity and trading figures.
The house is big with 3 bedrooms, 1 bathroom, laundry, lounge & dining rooms with front & rear decks
Note this listing or property is the complete setup and is all freehold.
Included in this sale is
- a comfortable house on Rural land about 2 acres.
- with existing usage rights for the service station, general store and bottle shop that is operating now.
- workshop/ mechanics area/shed not being used.
- commercial kitchen set up not being used
- 3 fuel tanks ( underground)
- much, much more to run the whole business.
Details are in a copy of listing Sales Contract that is available for serious buyers on request.

The fact there is plenty of room for caravans and the room & facilities for overnight mobile home travelers all subject to STCA
is also being missed.
Pass by trade & locals are driving the considerable distance to Grafton due to the first impressions of a tired , rundown little business with dated and faded signage with no real identity.
The opportunity is here now to reap the rewards with a little bit of effort. The infrastructure or 'bones of great previous business' is still there, yes ready for a coat of paint and splash of money but it is still there.
The big house on a Rural Zoned block over 2 acres as a lifestyle property has a good monetary value without even considering the businesses.
NOTE - OWNER HAS NO TRADING FIGURES but one look and you will see the potential.
The Orara Way is the road alternative to the Pacific Highway that joins Grafton to Coffs Harbour . Plenty of traffic, very little competition and this area is now much more occupied with new houses in all directions compared to 15 years ago.
The business/ service station and the house is on the corner off East Lanitza Road and Orara Way at Lanitza .
Contact Mark Killian 0427027372 @REALTY with any questions.

Property History for 10 East Lanitza Rd, Lanitza, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$280,000
08 Sep 2007
  • 18 Jul 2019
    Listed for Sale $410,000 - $430,000
  • 25 Aug 2018
    Listed for Sale Awaiting Price Guide
  • 08 Sep 2007
    Sold for $280,000

Commute Calculator

About Lanitza 2460

The size of Lanitza is approximately 66.5 square kilometres. It has 1 park covering nearly 2.1% of total area. The population of Lanitza in 2011 was 426 people. By 2016 the population was 294 showing a population decline of 31.0% in the area during that time. The predominant age group in Lanitza is 50-59 years. Households in Lanitza are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lanitza work in a trades occupation. In 2011, 86.8% of the homes in Lanitza were owner-occupied compared with 86% in 2016.

Lanitza has 175 properties. Over the last 5 years, Houses in Lanitza have seen a 99.71% increase in median value. As at 31 October 2024:

  • The median value for Houses in Lanitza is $840,796.
There are currently 2 properties listed for sale, and 1 property listed for rent in Lanitza on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Lanitza.

Suburb Insights for Lanitza 2460

Market Insights
Lanitza Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lanitza Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.