SOLD
RECENT ADVICE
Sold on 08 Jul 2024 for $590,000

13-14 Mulgi Drive
South Grafton NSW 2460

Bedrooms: 3
Bathrooms: 1
Car spaces: 12
Floor area: 207m2
Land area: 1670m2
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Property Details for 13-14 Mulgi Dr, South Grafton

Building Type
Commercial
Floor Size
207m2
Land Size
1670m2
Local Government
Clarence Valley
Lot/Plan
9/DP819965

Last Listing description (July 2024)

Explore the unique opportunity at 13-14 Mulgi Drive, where industrial utility meets potential residential comfort. This property, zoned for General Industrial use, features a 207m2 warehouse complete with an office space, offering a practical solution for various business needs.

The warehouse dimensions, measuring 15m x 18m, provide ample space for storage, manufacturing, or other industrial activities. The structure is in need of some repairs, presenting a chance for the new owner to refurbish and tailor it to specific business requirements.

Adding to the appeal is an attached 3-4 bedroom unit, which, while currently in need of some updates, holds enormous potential. This space could be transformed into comfortable living quarters for staff, a convenient on-site residence, or potentially repurposed to suit the needs of the business.

Situated on a substantial 1670m2 plot of land, this property offers not just the current structures but also space for future expansion or customization. Whether it's extending the warehouse, enhancing the residential unit, or exploring other construction possibilities, this land offers flexibility for growth and adaptation.

13-14 Mulgi Drive presents a rare find in the market-a blend of industrial functionality and residential potential. It's an ideal site for businesses looking for a workspace with added living options or investors seeking a property with diverse possibilities. With its significant land size and strategic zoning, this property is poised to be a valuable asset in the hands of a visionary owner.

For more information or to declare your interest contact Benny Holder on 0491 616 380.

Benny Holder Licence No. 20312246
Candy Boulton Licence No. 20424578

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters

Property History for 13-14 Mulgi Dr, South Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$590,000
08 Jul 2024
  • 08 Jul 2024
    Sold for $590,000
  • 13 Jun 2024
    Listed for Sale $550,000 - $600,000
  • 21 Nov 2002
    Sold for $155,000
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About South Grafton 2460

The size of South Grafton is approximately 24.9 square kilometres. It has 17 parks covering nearly 6.9% of total area. The population of South Grafton in 2011 was 6,390 people. By 2016 the population was 6,085 showing a population decline of 4.8% in the area during that time. The predominant age group in South Grafton is 50-59 years. Households in South Grafton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Grafton work in a community and personal service occupation. In 2011, 60.4% of the homes in South Grafton were owner-occupied compared with 60.6% in 2016.

South Grafton has 3,358 properties. Over the last 5 years, Houses in South Grafton have seen a 57.63% increase in median value, while Units have seen a 35.78% increase. As at 31 August 2024:

  • The median value for Houses in South Grafton is $405,684 while the median value for Units is $306,624.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 20 properties listed for sale, and 9 properties listed for rent in South grafton on OnTheHouse. According to CoreLogic's data, 220 properties were sold in the past 12 months in South grafton.

Suburb Insights for South Grafton 2460

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Contact agent
Benny Holder
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Candy Boulton
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Elders Real Estate Grafton
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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.