148 Jubilee St, Townsend is a 0 bedroom, 0 bathroom House with 4 parking spaces. The property has a land size of 102200m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Located in the Townsend area which is fast becoming a desired growth area and one that is set to be amongst the closest industrial estates to the motorway on the North Coast of New South Wales is this approximately 10 hectare (25 acre) parcel.
The mostly level and almost fifty percent cleared parcel is currently zoned RU2 Rural Landscape and is identified in the North Coast Regional Plan 2036 as Investigation Area Employment Land.
Furthermore, the property is located within the growth area boundary in the Clarence Valley Councils Maclean Urban Catchment Local Growth Management Strategy 2011 which acknowledges that Townsend provides the only practical ability for development of additional industrial/employment land within the Clarence Valley Councils Catchment.
Located on the property is an early 80s constructed A-Frame style residence that offers a downstairs open planned living and dining area with wood fire place, high pitched ceilings and exposed timber beams, original kitchen with gas cooking facilities and a central hallway that leads to two bedrooms, the bathroom and laundry. Upstairs features a generous open loft space that is currently utilised as the third bedroom. In addition the property has several outbuildings including carports, garages and storage facilities.
With the current government backed infrastructure works that are taking place on the North Coast of New South Wales, this property presents as an opportunity for the investor to be at the forefront of large scale growth in the area.
For further information or to arrange your inspection, contact the exclusive marketing agent, Tim OConnor of Ford & Dougherty Property on 0402 766 617.
Note: Boundary lines are for indicative and illustration purposes only.
The size of Townsend is approximately 3.3 square kilometres. It has 1 park covering nearly 1% of total area. The population of Townsend in 2011 was 817 people. By 2016 the population was 885 showing a population growth of 8.3% in the area during that time. The predominant age group in Townsend is 60-69 years. Households in Townsend are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Townsend work in a labourer occupation. In 2011, 70.6% of the homes in Townsend were owner-occupied compared with 64.9% in 2016.
Townsend has 669 properties. Over the last 5 years, Houses in Townsend have seen a 80.91% increase in median value, while Units have seen a 49.17% increase. As at 31 October 2024:
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