SOLD
Sold on 27 Feb 2024 for $440,000

41 Mayne Street
Murrurundi NSW 2338

Bedrooms: 3
Bathrooms: 2
Car spaces: 10
Floor area: 123m2
Land area: 2133m2
Sold By
One Agency Liverpool Plains
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Property Details for 41 Mayne St, Murrurundi

41 Mayne St, Murrurundi is a 3 bedroom, 2 bathroom House with 10 parking spaces. The property has a land size of 2133m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Murrurundi in the last 12 months.

Building Type
House
Floor Size
123m2
Land Size
2133m2
Local Government
Upper Hunter
Lot/Plan
17/4/DP984201

Last Listing description (April 2024)

Introducing a fantastic real estate opportunity! This expansive 2310m2 block offers an exceptional investment potential, with an unrivaled location on the prestigious New England Hwy in Murrurundi.

This site boasts more than just a shed - it features four distinct sections, including a remarkable 12.3m X 12.2m workshop that previously served as a mechanic's haven. With its spacious double doors and ample height at both front and back entrances, accessing this workshop is a breeze. Equipped with a hoist, vices, compressor, and benches, it's a dream space for any enthusiast or professional.

Enter a second workshop through the doors, measuring 7.5m X 10.5m. It provides an entrance for additional vehicles or direct access from the backyard. Speaking of the backyard, it offers drive-in access and features a concrete area equipped with a pit for vehicle maintenance. There's also a dedicated space for laundry or storage, along with access to an adjoined three-bedroom flat.

The flat features a spacious lounge room and kitchen area, along with a bathroom, toilet, and separate laundry. Additionally, the flat provides access to the front shop, which can serve as an ideal reception area or potentially be utilized as a retail space. Enhance your business by not only having a workshop but also stocking inventory to generate additional revenue.

This commercial building offers much more than a great business opportunity; it has the potential for multiple income streams. Additionally, there is ample car parking available in the front. Rest assured, there is no need to worry about underground petrol tanks as they were removed from the property and thoroughly tested. Reports are available for potential buyers to review. It's important to note that this premises has not operated as a petrol station for over 30 years.

In conclusion, investing in this exceptional opportunity offers the advantage of a steady flow of traffic, with Newcastle approximately 191km (2.5 hours away) and Tamworth approximately 92km (1 hour and 6 minutes) in close proximity. Furthermore, the town and its surrounding areas exhibit promising growth prospects.

Property History for 41 Mayne St, Murrurundi, NSW 2338

A timeline of how this property has performed in the market
Last Sold
$440,000
27 Feb 2024
  • 27 Feb 2024
    Sold for $440,000
  • 25 Nov 2022
    Listed for Sale $485,000
  • 07 Oct 1993
    Sold for $140,000

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About Murrurundi 2338

The size of Murrurundi is approximately 73 square kilometres. It has 2 parks covering nearly 3.3% of total area. The population of Murrurundi in 2011 was 847 people. By 2016 the population was 1,011 showing a population growth of 19.4% in the area during that time. The predominant age group in Murrurundi is 60-69 years. Households in Murrurundi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Murrurundi work in a labourer occupation. In 2011, 68.2% of the homes in Murrurundi were owner-occupied compared with 70% in 2016.

Murrurundi has 723 properties. Over the last 5 years, Houses in Murrurundi have seen a 89.60% increase in median value, while Units have seen a 45.12% increase. As at 30 November 2024:

  • The median value for Houses in Murrurundi is $426,835 while the median value for Units is $338,571.
  • Houses have a median rent of $425.
There are currently 11 properties listed for sale, and 1 property listed for rent in Murrurundi on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Murrurundi.

Suburb Insights for Murrurundi 2338

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.