Superb investment opportunity
Offering an extraordinary opportunity for investors and owner-occupiers alike, this exceptional property holds an enormous 2000sqm (approx.) parcel in a prime position with strong exposure and excellent street presence. It s currently leased to a successful, fully licenced Indian restaurant. Additional vacant space provides great potential for a multi-purpose site via a future renovation or redevelopment.
More than half an acre in a prime location with sort after address.
The size of Middle Dural is approximately 8.4 square kilometres. It has 2 parks covering nearly 1.1% of total area. The population of Middle Dural in 2011 was 931 people. By 2016 the population was 1,016 showing a population growth of 9.1% in the area during that time. The predominant age group in Middle Dural is 60-69 years. Households in Middle Dural are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Middle Dural work in a professional occupation. In 2011, 85.2% of the homes in Middle Dural were owner-occupied compared with 87.7% in 2016.
Middle Dural has 374 properties. Over the last 5 years, Houses in Middle Dural have seen a 84.86% increase in median value. As at 31 July 2024:
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