167 Swan St, Morpeth is a 3 bedroom, 1 bathroom House with 7 parking spaces. The property has a land size of 551m2 and floor size of 3m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
This is a rare opportunity to purchase this premier property on a 575m2 allotment on a prominent position in a high traffic and a strong growth area.
This prime commercial/retail property has excellent exposure and is centrally located on Morpeth's main street, home to over 60 specialty shops, boutiques stores and coffee houses.
The building consists of a level showroom boasting broad street frontage, reception area, three separate rooms, kitchenette, two toilets, disabled access to the building plus onsite and secure parking.
Excellent potential to redevelop the current site subject to council approval.
This is truly an exciting opportunity for an exceptional investment right in the heart of the very popular Morpeth village.
The size of Morpeth is approximately 4.8 square kilometres. It has 2 parks covering nearly 4.3% of total area. The population of Morpeth in 2011 was 1,261 people. By 2016 the population was 1,403 showing a population growth of 11.3% in the area during that time. The predominant age group in Morpeth is 60-69 years. Households in Morpeth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morpeth work in a professional occupation. In 2011, 74.8% of the homes in Morpeth were owner-occupied compared with 67.4% in 2016.
Morpeth has 879 properties. Over the last 5 years, Houses in Morpeth have seen a 51.10% increase in median value, while Units have seen a 46.17% increase. As at 31 October 2024:
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