OFF MARKET

19 Albert Lane
Taree NSW 2430

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 128m2
Land area: 765m2
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Property Details for 19 Albert Lane, Taree

19 Albert Lane, Taree is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 765m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1955
Floor Size
128m2
Land Size
765m2
Local Government
Mid-Coast
Lot/Plan
102/DP707436

Last Listing description (August 2021)

We are pleased to offer for sale this superbly located property on the edge of Taree's CBD. Ready to go for any keen investor looking to expand their portfolio is this affordable income earner. Boasting Commercial Zoning making this venture all the more attractive for the seasoned investor or business owner. Alternatively the home is suitable if you are an eager first home buyer wanting to make your way into the housing market, taking advantage of such a reasonable price tag.

Currently generating a healthy income with room for growth to an estimated weekly rent of $320 - $340, what more could an investor want? Set in a quiet one way street on a generous 764.7sqm block and located just 400m to Taree City Centre, 800m to Manning Base Hospital, 700m to Taree Public School and only 300m to the beautiful Manning River.

Let's see what else this slice of real estate has to offer:

- Zoned B3 Commercial Core allowing for multiple uses if you are looking at developing further for business use (subject to council approval) *
- Spacious living room at the heart of the home with a ceiling fan for added comfort
- Four tidy bedrooms with a built-in wardrobe in the main
- Additional sunroom that can be utilised as a toy room or rumpus
- Neat and tidy kitchen and dining room offering a standalone oven and pantry
- The bathroom features a bath separate to the shower
- Storage space in the laundry as well as a second toilet
- Well-kept fully enclosed rear yard with low maintenance gardens and shed for storage
- Single garage and carport for your vehicle

Don't miss your chance to secure such an affordable investment opportunity. Contact Michael Nardi on 0435 596 604 today, to book a private inspection of the property or for more information.

* More information relating to permitted use can be found at: https://legislation.nsw.gov.au/view/html/inforce/current/epi-2010-0287#pt-cg1.Zone_B3

Property History for 19 Albert Lane, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$355,000
21 Jun 2021
  • 04 Aug 2021
    Listed for Sale Sold
  • 21 Jun 2021
    Sold for $355,000
  • 04 Jun 2021
    Listed for Sale Offers Invited
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About 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 9,599 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.
There are currently 107 properties listed for sale, and 28 properties listed for rent in Taree on OnTheHouse. According to CoreLogic's data, 369 properties were sold in the past 12 months in Taree.

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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.