HERITAGE SANDSTONE COMMERCIAL - MORPETH - CIRCA 1845LIQUOR STORE & RESTAURANT TENANTAN EXCELLENT OPPORTUNITY TO ACQUIRE A QUALITY HERITAGE BUILDING IN THE VERY POPULAR RIVERSIDE TOURIST TOWN OF MORPETH (MAITLAND OUTSKIRTS) SHOWING 8.25% NET RETURN WITHWINE SHOP BUSINESS WITH LIQUOR LICENCE (NEG ON PRICE). THIS FINE HERITAGE BUILDING IS IN A PRIZE LOCATION ON SWAN ST. MORPETH, BUILT OF SOLID SANDSTONE WITH 3 OPEN FIREPLACES & LARGE ROOMS, MAKING FOR A VERSATILE USE IN A HIGH INTEREST TOURIST AREA. TORRENS TITLE WITH 2 SEPARATE BUILDINGS JOINED BY WALKWAY AND OUTDOOR AREA. A GREAT OPPORTUNITY TO OWN A PIECE OF THE HUNTER'S HISTORY WITH THE BONUS OF GREAT RETURNS.LISTING AGENT RHONDA NYQUIST 0419 341 999
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 891 properties. Over the last 5 years, Houses in Morpeth have seen a 56.47% increase in median value, while Units have seen a 55.74% increase. As at 31 August 2024:
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