OFF MARKET

134 Manning River Drive
Taree South NSW 2430

Bedrooms: 12
Bathrooms: 12
Car spaces: 1
Floor area: 2m2
Land area: 4531m2
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Property Details for 134 Manning River Dr, Taree South

Building Type
Commercial
Floor Size
2m2
Land Size
4531m2
Local Government
Mid-Coast
Lot/Plan
26/DP233145

Last Listing description (January 2017)

Located on the southern approach to Taree and just off the freeway, the Hereford Lodge Motel offers an opportunity to own your own business or to redevelop the site for another use under the B6 Enterprise Corridor Zoning Land use.
The land area is 4531 sqm and comprises 4 separate titles.

The motel has 12 ground floor air-conditioned units, together with a spacious 2 bedroom mangers residence with office & a reception area, together with potential 3rd bedroom. All units have undercover car-parking and a swimming pool is available for guests use.
The owner is keen to retire after 20 years, with many guests now friends and returning regularly to stay.
Your inspection of this motel is strongly recommended as you will be able to further update and enhance the complex.
$825,000 + GST if applicable

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Property History for 134 Manning River Dr, Taree South, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$808,500
28 Dec 2016
  • 28 Dec 2016
    Sold for $808,500
  • 27 Aug 2015
    Listed for Sale Not Disclosed
  • 25 Jul 2014
    Listed for Sale $999,000
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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 168 properties. Over the last 5 years, Houses in Taree South have seen a 47.47% increase in median value, while Units have seen a -17.38% decrease. As at 30 September 2024:

  • The median value for Houses in Taree South is $776,427 while the median value for Units is $273,078.
There are currently 1 property listed for sale, and no properties listed for rent in Taree south on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Taree south.

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