71 Kiewa StreetManildra NSW 2865
Property Details for 71 Kiewa St, Manildra
71 Kiewa St, Manildra is a 0 bedroom, 0 bathroom House. The property has a land size of 107m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (May 2023)
It is very rare that an investment opportunity like this one in a country town arises. Set in the main street of Manildra, with great street frontage for passing foot traffic and easy customer parking out front, this building currently houses two successful businesses that are essential to the town. The larger of the two shop fronts currently houses a medical clinic that is leased to two separate long-term tenants who are very happy to stay on and an extra room that could be leased to another party. The butcher shop, in the smaller of the two shops, would be more than happy to sign a long-term 5 year lease with the new owner. The estimated returns on offer for an investment such as this cannot be ignored with a gross yield of 8.4%. It also has the added bonus of room to increase this by leasing the 3rd spare room in the medical centre and diversifying your income stream with up to 4 tenants. Inspections are possible by private appointment and savvy investors are encouraged to do their sums and consider this as a viable option.
Property History for 71 Kiewa St, Manildra, NSW 2865
- 14 Mar 2023Sold for $460,000
- 24 Jan 2023Listed for Sale $485,000
- 24 Apr 2003Sold for $42,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
0About Manildra 2865
The size of Manildra is approximately 352 square kilometres. It has 3 parks covering nearly 8.5% of total area. The population of Manildra in 2011 was 729 people. By 2016 the population was 735 showing a population growth of 0.8% in the area during that time. The predominant age group in Manildra is 60-69 years. Households in Manildra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manildra work in a labourer occupation. In 2011, 76.7% of the homes in Manildra were owner-occupied compared with 74.6% in 2016.
Manildra has 506 properties. Over the last 5 years, Houses in Manildra have seen a 116.25% increase in median value. As at 30 September 2024:
- The median value for Houses in Manildra is $476,453 while the median value for Units is $524,842.
- Houses have a median rent of $275.
Suburb Insights for Manildra 2865
Market Insights
Manildra Trends for Houses
N/A
N/A
View TrendN/A
N/A
Manildra 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
