SOLD
Sold on 26 Mar 2024 for $3,300,000

Hunter Street
Muswellbrook NSW 2333

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 96080m2
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Property Details for Lot 1 Hunter St, Muswellbrook

Building Type
Commercial
Land Size
96080m2
Local Government
Muswellbrook
Lot/Plan
1/DP995228

Last Listing description (August 2023)

Colliers Newcastle in Conjunction with McGrath Upper Hunter are excited by the opportunity to present to market Lot 1 Hunter Street, Muswellbrook under instruction from its Receivers and Managers Appointed, KordaMentha.

More commonly known as the former Oak Factory, the subject property presents a unique opportunity to acquire a substantial 9.608 hectare* industrial and warehousing facility with multiple outcomes available for occupiers to utilise. In addition to the existing industrial/warehouse improvements, the site offers surplus R1 General Residential zoned land which allows for uses including residential subdivision and seniors housing (STCA).

The current improvements and infrastructure are suitable for the production and bottling of various beverages with two bottling lines, evaporation and refrigeration plant, water treatment plant and gas boiler. In addition, there is an existing DA in place for the installation of a water treatment and recycling plant.

For Sale by Expressions of Interest | Closing Friday 15 September 2023 at 4.00pm (AEST).

*Approximate

Property History for Lot 1 Hunter St, Muswellbrook, NSW 2333

A timeline of how this property has performed in the market
Last Sold
$3,300,000
26 Mar 2024
  • 26 Mar 2024
    Sold for $3,300,000
  • 16 Aug 2023
    Listed for Sale Please contact agent
  • 30 Jan 2023
    Listed for Sale Contact Agent
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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 6,941 properties. Over the last 5 years, Houses in Muswellbrook have seen a 91.86% increase in median value, while Units have seen a 40.15% increase. As at 31 July 2024:

  • The median value for Houses in Muswellbrook is $486,760 while the median value for Units is $277,474.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 92 properties listed for sale, and 32 properties listed for rent in Muswellbrook on OnTheHouse. According to CoreLogic's data, 407 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.