OFF MARKET

126 Manning River Drive
Taree South NSW 2430

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 108m2
Land area: 2971m2
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Property Details for 126 Manning River Dr, Taree South

Building Type
Commercial
Floor Size
108m2
Land Size
2971m2
Local Government
Mid-Coast
Lot/Plan
46/DP860492

Last Listing description (September 2022)

Exciting Investment Opportunity,
Retail Sales of Tiles , Stone , Pavers and associated products. Chemicals, Glues, Grouts, Silicons etc- Floor wastes, baths and vanities, with potential to expand and sell Carpet, Vinyl tiles, etc- If trading hours are changed to 7am - 5pm to cater for trade customers turnover would also increase .
Lease hold area (729m2 ) includes Shop, Offices , Awning , Rear Shed with office space - Separate 3 bedroom Unit (124m2 ) upstairs ($470 per week including power ) available to lease if required -

$120,000 + SAV (3x3 yr lease)
($5200 per month ) Income figures available for 20/21 and 2022
Contact Exclusive Selling Agent Geoff Holdsworth from Laing + Simmons Manning Valley on 0412 274 579

Property History for 126 Manning River Dr, Taree South, NSW 2430

A timeline of how this property has performed in the market
Last Sold
14 Oct 2016
Listed for Rent
27 Nov 2015
  • 15 Jul 2022
    Listed for Sale $120,000 + SAV
  • 12 Nov 2021
    Listed for Sale $1,999,000
  • 14 Oct 2016
    Sold
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About Taree South 2430

The size of Taree South is approximately 6.9 square kilometres. It has 1 park. The population of Taree South in 2011 was 294 people. By 2016 the population was 304 showing a population growth of 3.4% in the area during that time. The predominant age group in Taree South is 60-69 years. Households in Taree South are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Taree South work in a managers occupation. In 2011, 74.8% of the homes in Taree South were owner-occupied compared with 77.6% in 2016.

Taree South has 169 properties. Over the last 5 years, Houses in Taree South have seen a 50.57% increase in median value, while Units have seen a -11.76% decrease. As at 30 November 2024:

  • The median value for Houses in Taree South is $790,166 while the median value for Units is $248,478.
There are currently 2 properties listed for sale, and 1 property listed for rent in Taree south on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Taree south.

Suburb Insights for Taree South 2430

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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.