SOLD
Sold on 23 Oct 2024 for $580,000

18-20 Riddell Street
Molong NSW 2866

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 97m2
Land area: 1132m2
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McGrath Orange | Molong | Bathurst
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Property Details for 18-20 Riddell St, Molong

18-20 Riddell St, Molong is a 0 bedroom, 0 bathroom House with 3 parking spaces and was built in 1900. The property has a land size of 1132m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 0 bedroom House sold in Molong in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
97m2
Land Size
1132m2
Local Government
Cabonne
Lot/Plan
1/DP150630

Last Listing description (October 2024)

Nestled in a prime location, this double brick duplex, each offering comfortable living and convenience. These properties are perfect for investors looking for a lucrative opportunity, or for families seeking a convenient and vibrant lifestyle.

Consisting of two functional 3-bedroom units, this property is bursting with potential. The open plan kitchens feature electric cooking and ample storage space. The lounge rooms have reverse cycle air conditioning to ensure year-round comfort.

Situated on a large 1132sqm block with secure off-street parking and the three-bay garage offer convenience and ample storage for vehicles.

Don't miss out on this rare opportunity to own a versatile and high-potential property in the heart of Molong. Whether you're an investor looking for a reliable income source or a renovator looking for a new project, 18-20 Riddell Street has something to offer everyone.

FEATURES:
- 2 x 3 Bedrooms town houses
- Reverse cycle heating
- Brand new carpet in one unit
- 3 car accommodation
- Enclosed backyard

FAST FACTS:
- Land size: 1132 sqm
- Rates: $352 per quarter
- Rental return: $400 per week per unit

DISCLAIMER
All information (including but not limited to the property areas, floor size, price, address and general property description, opinions and/or articles) on the McGrath website is provided for general information and/or educative purposes only. The content does not constitute professional advice (be it of a legal, financial or taxation nature) and should not be relied upon as such.

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Property History for 18-20 Riddell St, Molong, NSW 2866

A timeline of how this property has performed in the market
Last Sold
$580,000
23 Oct 2024
Listed for Rent
$150/w
29 Oct 2010
  • 23 Oct 2024
    Sold for $580,000
  • 03 Sep 2024
    Listed for Sale $630,000- $650,000
  • 26 Jul 2023
    Listed for Sale Contact Agent
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About Molong 2866

The size of Molong is approximately 425.3 square kilometres. It has 2 parks. The population of Molong in 2011 was 2,515 people. By 2016 the population was 2,594 showing a population growth of 3.1% in the area during that time. The predominant age group in Molong is 10-19 years. Households in Molong are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Molong work in a managers occupation. In 2011, 74.1% of the homes in Molong were owner-occupied compared with 71.2% in 2016.

Molong has 1,496 properties. Over the last 5 years, Houses in Molong have seen a 94.35% increase in median value, while Units have seen a 38.18% increase. As at 30 November 2024:

  • The median value for Houses in Molong is $507,383 while the median value for Units is $434,580.
  • Houses have a median rent of $450.
There are currently 29 properties listed for sale, and 1 property listed for rent in Molong on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Molong.

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