Sought After Industrial Property Must Be Sold!
With industrial land becoming harder and harder to secure this property presents a brilliant opportunity for a savvy buyer to capitalise on the situation and reap the rewards.* 2.66ha Industrial site* DA approval for 2 lot subdivision* Registered scrap metal site* Prominent location in Townsend Industrial Estate* Lease in place until November 2016 with option for further 5 years* Rental income of $79,200 p.a* 5 minutes from Maclean CBD, 15 minutes from Yamba & 35 minutes from GraftonTender closes 4pm Wednesday October 17 2012.
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 668 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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