10A Commerce StreetTaree NSW 2430
Property Details for 10a Commerce St, Taree
10a Commerce St, Taree is a 7 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 529m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 7 bedroom House sold in Taree in the last 12 months.
Last Listing description (November 2024)
The central location and established mixed-usage of this large, high-profile site provides an attractive investment opportunity.
With a combined land area of approximately 1290sqm, the two separate properties provide:
1. A huge residence of 7 bedrooms, 3 living areas and 2 bathrooms plus 2 laundries and 2 utility rooms for flexible uses. The large nature and design stems from a previous use as two separate flats.
There's extra storage under the house plus 4 roller-door garages with easy-access.
2. A highly visible building with a huge open upper-level storage facility, previously operating as a workshop and including an office area and WC.
The lower level has a wide side access where a large under-building additional space is available.
There's even an older hydraulic hoist (not working) still in place which a keen owner may wish to try and restore.
This is a multi-use combined site providing residential accommodation and storage facilities for a variety of purposes, some of which may be subject to Council approval.
Disclosure is also made that the properties are subject to varying degrees of flooding.
An Information Memorandum is available on request.
Property History for 10a Commerce St, Taree, NSW 2430
- 06 Nov 2024Listed for Sale New to the Market
- 24 Aug 2024Sold
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0About Taree 2430
The size of Taree is approximately 47.8 square kilometres. It has 44 parks covering nearly 5.7% of total area. The population of Taree in 2011 was 15,848 people. By 2016 the population was 16,214 showing a population growth of 2.3% in the area during that time. The predominant age group in Taree is 60-69 years. Households in Taree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Taree work in a professional occupation. In 2011, 59.7% of the homes in Taree were owner-occupied compared with 58.5% in 2016.
Taree has 9,598 properties. Over the last 5 years, Houses in Taree have seen a 58.27% increase in median value, while Units have seen a 40.60% increase. As at 31 October 2024:
- The median value for Houses in Taree is $460,229 while the median value for Units is $343,340.
- Houses have a median rent of $460 while Units have a median rent of $350.
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