OFF MARKET

1078 Yamba Road
Palmers Island NSW 2463

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1642m2
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Last updated 16 Sep 2024
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Property Details for 1078 Yamba Rd, Palmers Island

1078 Yamba Rd, Palmers Island is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1642m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Land Size
1642m2
Local Government
Clarence Valley
Lot/Plan
1/DP652359

Last Listing description (March 2024)

There is only one Palmers Island store, and in a location as good as this, this one off opportunity is one that you cannot afford to miss.

Comprising of a comfortable residence at the rear and a commercial space at the front of the building which enjoys high exposure to Yamba Road, this mixed residential and commercial opportunity is one that offers immense potential for you to invest or owner operate in a location that is growing rapidly in popularity, close to the busy coastal town of Yamba.

With the owners being highly motivated to move on with their future plans, an immediate sale is being sought and as such there is no time to hesitate. Declare your interest today to avoid missing out.

- Potential-packed buying opportunity in Palmers Island
- Multi-use property with commercial shopfront + residence
- Quality fit-out to shopfront enjoys high exposure to main road
- Ideal general store / takeaway shop exclusive to Palmers Island
- Sold with existing liquor license for added potential
- Comfortable residence at rear opens to large rear patio
- Plenty of parking + side access to large shed
- 5 minutes from Yamba, 10 minutes from Maclean
- Easy access from Pacific Highway
- A genuine "one of a kind" opportunity
- Instructions are to sell now - don't miss your chance!

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Property History for 1078 Yamba Rd, Palmers Island, NSW 2463

A timeline of how this property has performed in the market
Last Sold
$737,480
22 Dec 2020
Listed for Rent
$1.00k/w
24 Jul 2023
  • 24 Jul 2023
    Listed for Rent - Price not available
  • 14 Nov 2022
    Listed for Sale Offers Over $900,000
  • 23 Dec 2020
    Listed for Sale AUCTION
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About Palmers Island 2463

The size of Palmers Island is approximately 34.8 square kilometres. The population of Palmers Island in 2011 was 477 people. By 2016 the population was 439 showing a population decline of 8.0% in the area during that time. The predominant age group in Palmers Island is 50-59 years. Households in Palmers Island are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmers Island work in a managers occupation. In 2011, 79.5% of the homes in Palmers Island were owner-occupied compared with 80.1% in 2016.

Palmers Island has 235 properties. Over the last 5 years, Houses in Palmers Island have seen a 81.92% increase in median value. As at 31 August 2024:

  • The median value for Houses in Palmers Island is $859,840 while the median value for Units is $381,355.
There are currently 3 properties listed for sale, and no properties listed for rent in Palmers island on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Palmers island.

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