SOLD
Sold on 15 Dec 2023 for $515,000

2/4 Common Road
Muswellbrook NSW 2333

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2428m2
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Property Details for 2/4 Common Rd, Muswellbrook

Building Type
Commercial
Land Size
2428m2
Local Government
Muswellbrook
Lot/Plan
217/DP752484

Last Listing description (February 2024)

Attractive lease to local church group situated adjacent town residential area.
432 sqm (approx) light industrial shed with full fit-out
Currently leased to Hope City Church

5 year Lease (expires 31/10/24) + 5 year Option
Current rent $40,979 (+ GST) with 3% annual increases
Tenant pays all Outgoings
E4 General Industrial zoning
Building includes church auditorium, community meeting room, offices & store rooms
Air-conditioned throughout
Male, Female & Ability WC amenities + modern kitchen + dedicated childrens area
480 sqm approx concrete car parking area
Securely fenced to all boundaries

Property History for 2/4 Common Rd, Muswellbrook, NSW 2333

A timeline of how this property has performed in the market
Last Sold
$515,000
15 Dec 2023
  • 15 Dec 2023
    Sold for $515,000
  • 25 Oct 2023
    Listed for Sale Buyer Guide $510,000 - $530,000
  • 18 Apr 2019
    Sold for $225,000
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About Muswellbrook 2333

The size of Muswellbrook is approximately 262.4 square kilometres. It has 29 parks covering nearly 0.9% of total area. The population of Muswellbrook in 2011 was 11,790 people. By 2016 the population was 12,088 showing a population growth of 2.5% in the area during that time. The predominant age group in Muswellbrook is 0-9 years. Households in Muswellbrook are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Muswellbrook work in a trades occupation. In 2011, 59.3% of the homes in Muswellbrook were owner-occupied compared with 54.4% in 2016.

Muswellbrook has 6,939 properties. Over the last 5 years, Houses in Muswellbrook have seen a 95.40% increase in median value, while Units have seen a 53.70% increase. As at 31 August 2024:

  • The median value for Houses in Muswellbrook is $498,629 while the median value for Units is $301,382.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 110 properties listed for sale, and 27 properties listed for rent in Muswellbrook on OnTheHouse. According to CoreLogic's data, 398 properties were sold in the past 12 months in Muswellbrook.

Suburb Insights for Muswellbrook 2333

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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.