OFF MARKET

28 Francis Street
Narrabri NSW 2390

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 450m2
Land area: 4762m2
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Property Details for 28 Francis St, Narrabri

28 Francis St, Narrabri is a 3 bedroom, 2 bathroom House. The property has a land size of 4762m2 and floor size of 450m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
House
Floor Size
450m2
Land Size
4762m2
Local Government
Narrabri
Lot/Plan
113/DP873832

Last Listing description (June 2016)

Landmark Harcourts have listed for sale 28 Francis Street, Narrabri NSW.
Details:
Large scale warehouse with office and retail accommodation

Well suited to a number of Industrial & Commercial uses
Substantial 5,711.7m2 industrial zoned site held in two freehold allotments
Dual Street frontage providing access for B Doubles & large machinery
Vendor will lease the property on an initial 3 year term with a 3 year option
Commencement rental of $42,000 p.a. net + GST (8.5% return)
Tenant is a well established manufacturer, wholesaler & retailer trading locally, domestically and internationally.
The site is located just off the Newell highway which is the main transport link from Victoria through Western NSW into Queensland,
Narrabri is one the richest agricultural shires in Australia with substantial cotton, wheat and pulse production. In addition the local economy is also supplemented by Coal & Coal Seam Gas mining operations
High yielding industrial premises of this quality & scale are rarely offered for sale. With low interest rates and a strong return you will struggle to find a better investment.
For a full information memorandum please contact James Thomas at Landmark Harcourts Narrabri on 0418 975 048 or james.thomas@landmarkharcourts.com.au

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Property History for 28 Francis St, Narrabri, NSW 2390

A timeline of how this property has performed in the market
Last Sold
$485,000
01 Feb 2016
  • 01 Feb 2016
    Sold for $485,000
  • 09 Dec 2015
    Listed for Sale $495,000 Incl GST
  • 25 Sep 2008
    Listed for Sale Not Disclosed
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About 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 4,466 properties. Over the last 5 years, Houses in Narrabri have seen a 63.94% increase in median value, while Units have seen a 64.82% increase. As at 30 September 2024:

  • The median value for Houses in Narrabri is $381,176 while the median value for Units is $241,584.
  • Houses have a median rent of $480 while Units have a median rent of $300.
There are currently 66 properties listed for sale, and 3 properties listed for rent in Narrabri on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Narrabri.

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