SOLD
Sold on 25 Jun 2024 - Price Unavailable

5 Reid Street
Macksville NSW 2447

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 3951m2
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Property Details for 5 Reid St, Macksville

5 Reid St, Macksville is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 3951m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Macksville in the last 12 months.

Building Type
House
Land Size
3951m2
Local Government
Nambucca Valley
Lot/Plan
9/DP26405

Last Listing description (November 2024)

An exciting opportunity awaits developers and savvy buyers to capitalise on this rare 4047sqm township block, offering fantastic potential for redevelopment (STCA). Whether you?re looking to build a dual occupancy dwelling, renovate or extend this existing home, or create your family?s dream residence, this property is ready and waiting for its next chapter.

Boasting an impressive 30.9mtr wide street frontage, this gently sloping block is ideally positioned in a sought after central location within walking distance to Macksville Country Club where you can enjoy a weekend round of golf and bowls, or simply treat yourself to a great meal and beverage. This fabulous location equals a 2-minute drive to the centre of Macksville?s historic township offering shops, daily services and the vibrant Nambucca River perfect for the water enthusiasts. The original two-bedroom, one-bathroom home has been enjoyed by the same family for over 69 years, offering a great foundation for renovation or redevelopment. Completed with a detached single garage plus separate workshop, the private backyard is nothing short of impressive. Its an opening of doors to many possibilities for those with the vision and ambition to secure a bullet proof future in todays property market.

- Built in 1955, its the first time offered for sale in 69 years

- Perfect potential to transform into your very own modern haven or Air BNB investment opportunity.
- Rare 4047sqm township block boasting a 30.9mtr wide street frontage
- R1 General Residential zoning allowing duplex or dual occupancy options (STCA)
- Connected to town water with septic
- A short stroll to the popular Macksville Country Club providing both golf and bowls
- 1.5k's to Macksville High School or 2.3k's to Macksville Public School
- A Leisurely 15 minute drive to the inviting beaches of Scott?s Heads and Nambucca Heads
- Located halfway between Sydney and Brisbane, while a short 35-minute commute to Coffs Harbour?s city centre and airport

Whether you?re an investor, developer, or homebuyer looking for your next project, this property offers unmatched potential in a highly desirable and relaxing coast meets country location just an hour north of Port Macquarie.

Property History for 5 Reid St, Macksville, NSW 2447

A timeline of how this property has performed in the market
Last Sold
25 Jun 2024
  • 11 Nov 2024
    Listed for Sale $570,000-$600,000
  • 25 Jun 2024
    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 1,753 properties. Over the last 5 years, Houses in Macksville have seen a 84.19% increase in median value, while Units have seen a 47.87% increase. As at 31 October 2024:

  • The median value for Houses in Macksville is $617,393 while the median value for Units is $415,086.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 11 properties listed for sale, and 16 properties listed for rent in Macksville on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Macksville.

Suburb Insights for Macksville 2447

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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.