A RARE OPPORTUNITY TO PURCHASE A HISTORICAL WORKSHOP LOCATED ALONG THE BANKS OF THE HUNTER RIVER IN THE OLD PORTSIDE VILLAGE OF MORPETH. THE WORKSHOP IS AVAILABLE FOR PURCHASE ON IT'S OWN OR WITH THE ATTACHED VACANT LAND THAT BACKS ONTO THE RIVER.KEY FEATURES OF THE PROPERTY INCLUDE:* SOLID WORKSHOP WITH CRANES UP TO 3 TONNE* INTERNAL OFFICES* WIDE SLIDING DOOR ACCESS* HEAVY DUTY MEZZANINE STORAGE* NEAT STAFF AMENITIES* NEIGHBOURING VACANT LAND 6,348M2 (APPROX)* B5 BUSINESS DEVELOPMENT ZONING.THIS PROPERTY'S FUTURE USE MAY ONLY BE RESTRICTED TO ONE'S IMAGINATION AND SUBJECT TO COUNCIL APPROVAL BUT IT IS ONE VERY INTEREST PROPERTY IN A HISTORICAL LOCATION. OFFERED TOGETHER OR SEPARATE: WORKSHOP $595,000 + GST (IF APPLICABLE)LAND $295,000 + GST (IF APPLICABLE)
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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