SOLD
Sold on 24 May 2024 for $800,000

21-41 Kylie Street
Macksville NSW 2447

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 39000m2
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Property Details for 21-41 Kylie St, Macksville

Building Type
Land
Land Size
39000m2
Local Government
Nambucca Valley
Lot/Plan
98/DP1041228

Last Listing description (May 2024)

This is an Industrial Opportunity within a very buoyant market!
This property comprises one of the few large, serviced parcels of industrial land on the NSW Mid North Coast.

Known as Lot 98 the property accommodates an approximate total site area of 3.9ha (39,000m2).

The land is mostly cleared, irregular in shape and is generally level.

The property enjoys extensive street frontage to Kylie Street of approximately 346.26 metres.

The property is situated within popular Macksville Industrial Estate, an established industrial precinct located 4 kilometres from Macksville CBD and 56 kilometres south of Coffs Harbour.

The land is zoned Industrial.

Being part of an existing estate with bitumen sealed street frontage.

If we further assume an average allotment size of say 2,500m2, the property has potential for 15 industrial lots with an average street frontage of 23 metres.

The demand for vacant land has been increasing in response to minimal available supply in other areas of the coast.

The available lots nearby on the western side of Centra Park Street are attracting increasing attention, partly due to minimal supply along the coast towards Coffs Harbour and north to Woolgoolga.

Recent sales of fully serviced vacant land have generally ranged from $142/m2 of (usable) site area for larger lots of around 2ha (20,000m2) to $165/m2 for lots of around 2,000m2.

Three lots have sold during the last 12 months in Centra Park Street and another lot is under contract.

Lot 98 enjoys the following features:
Popular location
Generous land size
Good access to Pacific Motorway
Centrally positioned between Coffs Harbour and Port Macquarie growth centres
Under supplied buoyant industrial market
Excellent potential for staged land release
Favourable wide street frontage
Affordably priced opportunity

This property is for sale by Expressions of Interest closing Tuesday 19th December.

For all further enquiries contact Exclusive Marketing Agents LJ Hooker Commercial:

Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com

Property History for 21-41 Kylie St, Macksville, NSW 2447

A timeline of how this property has performed in the market
Last Sold
$800,000
24 May 2024
  • 24 May 2024
    Sold for $800,000
  • 02 May 2024
    Listed for Sale Expressions of Interest
  • 20 Nov 2023
    Listed for Sale Sold
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About Macksville 2447

The size of Macksville is approximately 11.6 square kilometres. It has 9 parks covering nearly 6% of total area. The population of Macksville in 2011 was 2,566 people. By 2016 the population was 2,581 showing a population growth of 0.6% in the area during that time. The predominant age group in Macksville is 60-69 years. Households in Macksville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Macksville work in a labourer occupation. In 2011, 66.3% of the homes in Macksville were owner-occupied compared with 65.2% in 2016.

Macksville has 1,770 properties. Over the last 5 years, Houses in Macksville have seen a 83.13% increase in median value, while Units have seen a 62.65% increase. As at 30 November 2024:

  • The median value for Houses in Macksville is $605,940 while the median value for Units is $459,365.
  • Houses have a median rent of $510 while Units have a median rent of $380.
There are currently 11 properties listed for sale, and 17 properties listed for rent in Macksville on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Macksville.

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Contact agent
Troy Mitchell
Show contact details
LJ Hooker Commercial Coffs Harbour
Preferred contact:
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.