374 Main Arm RoadMain Arm NSW 2482
Property Details for 374 Main Arm Rd, Main Arm
Last Listing description (January 2016)
Outstanding opportunity to acquire an approved educational facilities property with massive infrastructure in place already. Can convert to rural living also, if required, but the ace up the sleeve, with this current usage, allows many possible business opportunities usually completely out of the question on other properties.
3 large school buildings are in place, with 2 currently used as rental accommodation plus an amenities block, 2 storage sheds, tennis court, cricket pitch and even a bus turning area, all ready to go!
The land is all useable, level, well drained, includes a creek at rear and is surrounded by larger acreages.
Run conferences, teach Yoga, do child care, do a combination but just do not let this one slip through your fingers! At only $900,000 - this is well below replacement value.
Property History for 374 Main Arm Rd, Main Arm, NSW 2482
- 14 May 2015Listed for Sale Not Disclosed
- 03 Feb 2015Sold for $875,000
- 03 Feb 2015Sold for $875,000
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About Main Arm 2482
The size of Main Arm is approximately 25.8 square kilometres. It has 2 parks. The population of Main Arm in 2011 was 554 people. By 2016 the population was 586 showing a population growth of 5.8% in the area during that time. The predominant age group in Main Arm is 60-69 years. Households in Main Arm are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Main Arm work in a professional occupation. In 2011, 65.7% of the homes in Main Arm were owner-occupied compared with 65.3% in 2016.
Main Arm has 206 properties. Over the last 5 years, Houses in Main Arm have seen a 52.07% increase in median value, while Units have seen a 93.51% increase. As at 31 October 2024:
- The median value for Houses in Main Arm is $1,071,154 while the median value for Units is $249,092.
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