OFF MARKET

145 Manning River Drive
Taree South NSW 2430

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3065m2
Land area: 4179m2
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Property Details for 145 Manning River Dr, Taree South

Building Type
Commercial
Floor Size
3065m2
Land Size
4179m2
Local Government
Mid-Coast
Lot/Plan
120/DP584781

Last Listing description (January 2020)

First motel off the highway is Taree Country Motel which is now being offered for sale as an ongoing freehold business. The motel is on a site of approximately 2,865m2 offering 17 ensuite rooms, a residence, inground pool and BBQ area. Rooms have been renovated and are well presented, achieving a 9 rating on booking.com. This is an ideal family business showing strong turnover.

Property History for 145 Manning River Dr, Taree South, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$746,000
29 Nov 2019
  • 29 Nov 2019
    Sold for $746,000
  • 02 Jul 2019
    Listed for Sale $1,000,000
  • 12 May 2015
    Sold for $480,000
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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 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.

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