18-20 Maitland StreetNarrabri NSW 2390
Property Details for 18-20 Maitland St, Narrabri
Last Listing description (October 2024)
Premium commercial property spanning two blocks with prime Main Street frontage. The property comprises of showrooms, industrial sheds, offices, and a secured adjacent block. This site offers an outstanding opportunity for business expansion or development in the Narrabri Shire.
The property has the following:
• Prime freehold sites totalling 7,498m².
• Three integrated buildings comprising 1,559m² of building area on a 3,451m² block zoned E1 Local Centre.
• High quality 402m² commercial premises comprising, showroom, reception, office/amenities and warehouse.
• 2 x industrial high clearance sheds sized 438m² and 530m² respectively with wash bay.
• Adjacent 4,047m² block (3 Maitland Street), with water and power, industrial fencing and dual zoning (E1 Local Centre and RE1 Public Recreation).
• Rates: $8,870 per annum (approximately).
Purchase Options:
The two blocks are offered for sale together, but they may also be purchased separately.
Narrabri, located in the heart of northwest NSW, is a key inland logistics and resource hub with a population of approximately 13,500 across the Shire. Narrabri generates an annual economic output of $5.67 billion, with both the agricultural and mining sectors in the region, accounting for 72% of the total economic output.
Please contact KR Property for an Information Memorandum or to arrange an inspection.
Property History for 18-20 Maitland St, Narrabri, NSW 2390
- 31 Oct 2024Sold for $1,210,000
- 02 Sep 2024Listed for Sale CONTACT AGENT
- 10 Mar 2022Sold for $970,000
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0About Narrabri 2390
The size of Narrabri is approximately 1,294.2 square kilometres. It has 22 parks covering nearly 10.7% of total area. The population of Narrabri in 2011 was 7,391 people. By 2016 the population was 7,614 showing a population growth of 3.0% in the area during that time. The predominant age group in Narrabri is 0-9 years. Households in Narrabri are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Narrabri work in a trades occupation. In 2011, 64.1% of the homes in Narrabri were owner-occupied compared with 63.5% in 2016.
Narrabri has 4,482 properties. Over the last 5 years, Houses in Narrabri have seen a 72.45% increase in median value, while Units have seen a 110.47% increase. As at 30 November 2024:
- The median value for Houses in Narrabri is $373,442 while the median value for Units is $252,279.
- Houses have a median rent of $480 while Units have a median rent of $318.
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