Rare Development Opportunity
Ray White Parkes is excited to offer this large block to be sold at public auction! Positioned perfectly in Parkes, you are within walking distance to the CBD, local swimming pool, clubs and sporting fields.
Please note the property will be sold as is. The option is yours; restore what is standing or knock down to redevelop the block and utilize the large area on hand.
Additional features include town water, sewer as well as other services available. This large block is on two registered titles so could be easily subdivided or set up for multiple units very easily.
These rare opportunities do not come around often. Don't miss out on this opportunity.
For more information or to arrange a private inspection contact selling agent Nick Kelly on 0447 888 956.
The size of Parkes is approximately 975 square kilometres. It has 38 parks covering nearly 12% of total area. The population of Parkes in 2011 was 11,265 people. By 2016 the population was 11,421 showing a population growth of 1.4% in the area during that time. The predominant age group in Parkes is 0-9 years. Households in Parkes are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parkes work in a trades occupation. In 2011, 65.4% of the homes in Parkes were owner-occupied compared with 64.6% in 2016.
Parkes has 6,851 properties. Over the last 5 years, Houses in Parkes have seen a 69.02% increase in median value, while Units have seen a 31.68% increase. As at 31 December 2024:
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