8 Princess StreetMacksville NSW 2447
Property Details for 8 Princess St, Macksville
8 Princess St, Macksville is a 4 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 531m2 and floor size of 4m2. While the property is not currently for sale or for rent, it was last sold in January 2014.
Last Listing description (January 2014)
***ATTENTION: All Property Investors*** FOR SALE - BY EXPRESSION of INTEREST (EOI)
***ATTENTION: All Property Investors***
FOR SALE - BY EXPRESSION of INTEREST (EOI)
Combined Commercial Shops (ground floor) and 4 bedroom residential Unit (upstairs)
Location: right in the heart of Macksville CBD with views of the Nambucca River. A casual 100m stroll to drop a line, or launch the tinnie. The property has frontage to Princess St of approx.. 16.6 metres and bounded by Mackay St for 32.1 metres.
Upstairs: a large 4 bedroom residential unit, 1 bathroom, lounge, living/dining, kitchen, laundry and deck ??? detached rear garage. The unit and garage attract weekly rents of $242.00 following a recent CPI review under formal 12 month Lease.
Ground floor: contains two commercial shops with storeroom and open plan shop space.
Shop 8A has a Barber with a long term lease of 5 x 5 years and let at $260.00 pw (incl GST) + annual CPI review
Shop 8B has a retail tenant paying $350.00 pw (incl GST) plus annual CPI rent review on a 2 x 2 years lease. Party Hire business
INVESTORS TAKE NOTE: This is an opportunity to own a prime slice of the Mid North Coast right in the heart of Macksville CBD, a town growing with new opportunities, new K-12 Catholic School and new sub-divisions soon to be released. Your opportunity is to buy now and catch the increase in income and capital growth in the medium term. Weekly rents, net of Council Rates are $800 pw are set to increase a minimum of 2% each year. Check your yields on similar split commercial/residential assets and work out the numbers yourself!!! A shrewd Investor has opportunity to buy well now, and enjoy increased rents and capital growth in future years ahead.
Where can you spend this type of money, live comfortably in a large 4 bedroom residence right in the heart of Macksville CBD? You don???t need to drag the car out, shop on foot, collect rent of $600.00 per week from the retail shop tenants below! This asset is worthy of serious thought for the discerning Buyer looking for both a pleasant lifestyle change to the Mid North Coast and collect the rent from your tenants, direct, each week. Count your rent money while you are catching a fresh meal of fish, or mud crabs straight from the pristine Nambucca River!!!!
S.T.C.A. Either strata of the residence separately and commercial downstairs in one SP commercial lot, or strata of the residence and separate SP lots for the 2 retail shops of the ground floor. i.e.. 3 separate SP titles,1 x residential and 2 x commercial.
Council Rates: $2271 per annum - paid by the Owner. Water Rates/Electricity: paid by the Tenants respectively on usage and service fees.
Closing Date: Expressions of Interest close on 20 December 2013. All EOI???s are to contain your proposed Offer and contact particulars so you can be advised of the result of your EOI tender opportunity. Email your EOI to info@payno.com.au by c.o.b. Friday 20 December 2013.
Phone Enquiries/Inspections: Peter Scott: mobile 0420 392 027
Property History for 8 Princess St, Macksville, NSW 2447
- 17 Jan 2014Sold for $420,000
- 08 Oct 2013Listed for Sale FOR SALE - BY EXPRESSION OF INTEREST
- 15 Sep 2012Listed for Sale Not Disclosed
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/mvmmvoquw4i6vnxeffw7kk5kpa?signature=936d0a03b4058c8fce3299e1c0ee234aba061b1a1e1398348eedbadb4eb9fef0){kind=logo}
0/assets/perm/4ohl4tn6kei6nd7bg6iy3j5sbe?signature=bb6fc20bc210735695d328965187c30e20fff826f7b70537fd4d2f807591274d){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0About 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 1,754 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.
Suburb Insights for Macksville 2447
Market Insights
Macksville Trends for Houses
N/A
N/A
View TrendN/A
N/A
Macksville Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
