142 Racecourse Ave, Menangle Park is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 8580m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
This landmark property comprises 8,587m2 in one of the best locations in the Menangle Park re-development master plan.
Located within walking distance to Tab Corp Park and Menangle Park train station, only 10 minutes' drive to both Campbelltown and Camden.
The Menangle Park master plan identifies this property within the 'standard lot' definition which is; a minimum lot size of 420m2 per land allotment with 13 'standard lots' per 1 hectare and proposed dual frontage. If you are not a developer and have been considering purchasing a rural property in the Macarthur, Camden or Picton areas, this is a wise choice for lifestyle now with significant uplift and financial gain in the short term.
Future conveniences proposed will include; the extension of the electrified train to Menangle Park, future town centre as well as entry/exit onto the 'Hume Motorway' via Glenlee Road, making easy access to the M5 and M7 motorways, Sydney CBD and Sydney International Airport even closer than you ever imagined.
This property also includes a two bedroom cottage with a detached colour bond double garage, a variety of paddocks for animals. Currently leased for $350.00 per week.
This land is pristine and gently sloping positioned in the heart of the re-development master plan, it doesn't get better than this.
YES - 8,587m2 of pristine land
YES - Ear marked for residential re-development
YES - 'Standard lot' suitable (min 420m2 per lot)
YES - Walk to Tab Corp Park & Railway Station
* Harcourts The Property People has made every effort to obtain the information regarding these listings from sources deemed reliable. However, we cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, prior sale or withdrawal without notice.
The size of Menangle Park is approximately 13.3 square kilometres. It has 2 parks covering nearly 0.3% of total area. The population of Menangle Park in 2011 was 348 people. By 2016 the population was 244 showing a population decline of 29.9% in the area during that time. The predominant age group in Menangle Park is 10-19 years. Households in Menangle Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Menangle Park work in a community and personal service occupation. In 2011, 55.7% of the homes in Menangle Park were owner-occupied compared with 51.8% in 2016.
Menangle Park has 973 properties. Over the last 5 years, Houses in Menangle Park have seen a 58.54% increase in median value, while Units have seen a 57.63% increase. As at 31 August 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.