OFF MARKET

120 Old Pacific Highway
Raleigh NSW 2454

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 12267m2
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Property Details for 120 Old Pacific Hwy, Raleigh

120 Old Pacific Hwy, Raleigh is a 1 bedroom, 1 bathroom House. The property has a land size of 12267m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Land Size
12267m2
Local Government
Bellingen
Lot/Plan
10/DP561549

Last Listing description (June 2023)

'Wilair', 120 Old Pacific Highway, Raleigh

Offered walk-in-walk-out
Building supplies & hardware business plus freehold

Established and loyal client base
Central location convenient to the growth areas of Urunga, Bellingen, Sawtell, Nambucca Heads & Dorrigo
Strong returns with record sales over the last two years
Being sold to finalise our vendors retirement plans
Financials available for qualified purchasers plus overview of inventory

1.23ha* (3.04* acres) freehold zoned general residential
33x12m main building forming the retail premises also with toilet, shower, lunchroom & office
24x13m lockable skillion off front of the main building
20x10m lockable shed attached to the front left of the main building
14x7m shed plus 9x7m skillion attached to the rear off the main shed
9x7m free standing steel shed plus truck body
22x4.4m skillion steel shed
2 x 40 foot shipping containers with roller doors
21x12.5m open 2 bay steel shed incorporating 20 foot and 40 foot shipping containers as shed sides
Solax Solar Panel system of 455V and 18A
Extensive racking and storage infrastructure
Full range of merchandise and retail product including building supplies, hardware and construction goods

Lease of commercial premises in Dorrigo is also available to continue if desired

Vehicles and plant included:

2013 Mitsubishi Fuso 4.5 tonne truck
2004 Isuzu FRR04A 10 tonne truck
1999 Isuzu NKR 4.5 tonne truck
Nissan 25 Forklift
Enforcer M25 series forklift
Komatsu gas forklift (Dorrigo)

Property History for 120 Old Pacific Hwy, Raleigh, NSW 2454

A timeline of how this property has performed in the market
Last Sold
$900,000
19 Jun 2023
  • 19 Jun 2023
    Sold for $900,000
  • 01 Sep 2022
    Listed for Sale Contact Agent
  • 23 Mar 1990
    Sold for $200,000

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About Raleigh 2454

The size of Raleigh is approximately 38.1 square kilometres. It has 2 parks covering nearly 12.7% of total area. The population of Raleigh in 2011 was 549 people. By 2016 the population was 659 showing a population growth of 20.0% in the area during that time. The predominant age group in Raleigh is 50-59 years. Households in Raleigh are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Raleigh work in a professional occupation. In 2011, 76.2% of the homes in Raleigh were owner-occupied compared with 79.3% in 2016.

Raleigh has 351 properties. Over the last 5 years, Houses in Raleigh have seen a 73.56% increase in median value, while Units have seen a 11.47% increase. As at 31 October 2024:

  • The median value for Houses in Raleigh is $1,040,825 while the median value for Units is $575,943.
  • Houses have a median rent of $350.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Raleigh on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Raleigh.

Suburb Insights for Raleigh 2454

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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.