3 Mill St, Laurieton is a 5 bedroom, 5 bathroom House. The property has a land size of 930m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
With money in the bank earning less than 2% here is your chance to diversify your portfolio and gain a better return on your investment. Set on a 929.5m2 corner block, this unique investment comprises of 5 studio units, all on the one title. Enjoying a prominent in town position less than 500m from the town centre this is the well positioned ready made investment you have been searching for.Standout Features* A total of 5 x studio units all with their own kitchen and bathrooms* A separate recreation room and common laundry* DA consent for operation as Visitor Accommodation and Home Business* Current tenant is a local paragliding company – that would be interested in long lease* Potential gross rental return of $43,680 in its current condition (not including recreation room)Location Details* 210m to the river, riverside walkways and fish co-op* 255m to Laurieton main street with shops, supermarket, medical amenities and local club* 30 minutes’ drive to the regional hub of Port MacquarieWhat would you pay for this opportunity? Don’t miss your chance to add this affordable investment to your portfolio. Call now for details.
The size of Laurieton is approximately 4.3 square kilometres. It has 9 parks covering nearly 35% of total area. The population of Laurieton in 2011 was 1,930 people. By 2016 the population was 2,007 showing a population growth of 4.0% in the area during that time. The predominant age group in Laurieton is 60-69 years. Households in Laurieton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Laurieton work in a community and personal service occupation. In 2011, 63.1% of the homes in Laurieton were owner-occupied compared with 64% in 2016.
Laurieton has 1,701 properties. Over the last 5 years, Houses in Laurieton have seen a 54.27% increase in median value, while Units have seen a 45.80% increase. As at 31 October 2024:
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