OFF MARKET

2 Prince Street
Perthville NSW 2795

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 7929m2
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Property Details for 2 Prince St, Perthville

Building Type
Commercial
Year Built
1970
Floor Size
125m2
Land Size
7929m2
Local Government
Bathurst Regional
Lot/Plan
22/DP793021

Last Listing description (October 2024)

Discover the ideal investment opportunity with an already approved Development Application and Construction Certificate. This property features six building sites (with potential to subdivide into seven) and an existing residence that provides rental income. It is perfectly suited for developers, savvy investors, or families looking to build their dream home in a prime location. With limited blocks available in the highly sought-after Perthville, a neighboring village just seven minutes from the bustling center of Bathurst, a selection of modern, newly built homes on spacious lots would be in high demand.

**Free SMS the keyword 2prince to 0437 042 859 to receive an instant link to the online property brochure which includes Contract of Sale, Council Rates, Floor Plan, Additional Photos and more.**

Why Invest Here?

* Area Growth: The Bathurst Region is recognized as one of the fastest-growing inland centers in NSW. Supported by sustainable and diverse industries, it has consistently proven to be a safe investment.
* Exceptional Location: Situated in a quiet area within the charming community of Perthville, this development site offers the serenity of a small village while being just a short drive from the vibrant Bathurst CBD.
* Educational Convenience: Families will benefit from the proximity to the zoned Perthville Public School, making school drop-offs easy. Additionally, bus services are available to local high schools and private schools.
* Spacious Living: Each of the six building sites is generously sized at 1133 m2, offering ample space for luxurious homes, dream sheds, or a relaxing pool.
* Ready to Build: With the Development Approval (DA) and Construction Certificate (CC) already secured, you can start building immediately.

Key Features:
* Existing Residence: The property includes a well-maintained four-bedroom home, ideal for immediate occupancy or rental income.
* Lot 5: Features an existing bore, providing an additional water supply in addition to the town water service.
* Lot 6: Has potential for dual occupancy, allowing for two residences to be constructed on separate titles, maximizing the return on this site.
* Community Feel: Enjoy a close-knit, friendly neighborhood with a council-maintained park, recreation center, public school, and local pub all within walking distance, while Bathurst's amenities are just seven minutes away.

Opportunities like this are rare. Secure your piece of Perthville today and capitalize on this prime development site. Contact us now for more information or to schedule a viewing.

Auction scheduled for Thursday 31st October 2024 at 6pm to be held at the offices of Bestwick Real Estate - 235 Russell Street, Bathurst.

Property History for 2 Prince St, Perthville, NSW 2795

A timeline of how this property has performed in the market
Last Sold
$668,000
12 Jul 2019
Listed for Rent
$380/w
30 Sep 2019
  • 09 Sep 2024
    Listed for Sale Auction - If not sold prior
  • 14 Aug 2019
    Listed for Rent $379 / week
  • 12 Jul 2019
    Sold for $668,000
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About Perthville 2795

The size of Perthville is approximately 38.3 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Perthville in 2011 was 818 people. By 2016 the population was 596 showing a population decline of 27.1% in the area during that time. The predominant age group in Perthville is 50-59 years. Households in Perthville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perthville work in a trades occupation. In 2011, 80.3% of the homes in Perthville were owner-occupied compared with 82.1% in 2016.

Perthville has 276 properties. Over the last 5 years, Houses in Perthville have seen a 98.80% increase in median value. As at 30 September 2024:

  • The median value for Houses in Perthville is $680,248.
There are currently 3 properties listed for sale, and no properties listed for rent in Perthville on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Perthville.

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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.