SOLD
RECENT ADVICE
Sold on 06 Jun 2024 for $700,000

5 Think Road
Townsend NSW 2463

Bedrooms: 1
Bathrooms: 2
Car spaces: -
Floor area: 450m2
Land area: 1500m2
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Property Details for 5 Think Rd, Townsend

Building Type
Commercial
Floor Size
450m2
Land Size
1500m2

Last Listing description (June 2024)

An exceptional opportunity awaits the new owner of this premium freehold industrial property situated within the Townsend Industrial Estate.

Benefitting from a prime location, this property comes complete with a long term established tenant, ensuring a constant return on investment. Conveniently located 8 minutes from the main street of Maclean, just 18 minutes from Yamba, 35 minutes from Grafton and an hour from Ballina, this investment proposition presents real value.

Constructed to superior standards, the existing building which has a total floor area of 450m2 (30mx15m) showcases a large glass sliding front door at the main entrance, complemented by a secure roller door for added security. An additional two 3m x 3m roller doors are located at the side of the building as well as two personal access doors.

Internally, the building is thoughtfully designed, offering essential amenities such as a kitchenette, office/storage room, and a total of five toilets, including one designed for disability access. Complete with two showers, 30 power points, ceiling fans, and superior insulation, comfort and functionality are paramount.

Externally, onsite the property features a 12-car bitumen car park, facilitating easy access for both tenants and clientele. There is the potential and option to expand the existing building by approximately 200 m2 at the rear further enhances its versatility & unrealized opportunities.

At a glance -

- 1,500 m2 allotment.
- An existing 30m x 15m (450 sqm) building. (tenanted)
- Onsite parking for up to 12 vehicles
- Kitchenette
- 5 toilets & two showers
- Ceiling fans
- Superior insulation

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters

Property History for 5 Think Rd, Townsend, NSW 2463

A timeline of how this property has performed in the market
Last Sold
$700,000
06 Jun 2024
  • 06 Jun 2024
    Sold for $700,000
  • 24 Apr 2024
    Listed for Sale $750,000
  • 25 Jan 2017
    Sold for $451,000
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About Townsend 2463

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 NaN properties. Over the last 5 years, Houses in Townsend have seen a 82.48% increase in median value, while Units have seen a 63.64% increase. As at 30 November 2024:

  • The median value for Houses in Townsend is $714,847 while the median value for Units is $507,926.
  • Houses have a median rent of $515.
There are currently no properties listed for sale, and no properties listed for rent in Townsend on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Townsend.

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Contact agent
Grant Gillies
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Elders Real Estate Yamba
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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.