3 Oxley ParadeWarren NSW 2824
Property Details for 3 Oxley Pde, Warren
3 Oxley Pde, Warren is a bedroom, bathroom House. The property has a land size of 661m2 and floor size of 117m2.
Last Listing description (June 2022)
The Macquarie Valley Motor Inn is well-positioned motel located on the Oxley Highway adjacent to the local hospital.
The 15 rooms are well presented showing year-on-year stability in net return of $193,849 for the past three years. The Macquarie Caravan Park adjoining the motel can be purchased in addition which could minimise wages and further increase net profit of both businesses giving the incoming owner a majority shareholder of Warren's accommodation rooms.
- Well positioned and presented
- Year round seasonal workers in district
- Well presented spacious management residence
- On average net profit of $193,849 for the past three years
- Averaging occupancy of 70%
- Both properties would give this a 3/4 share of rooms in town
- Located near Hospital
Property History for 3 Oxley Pde, Warren, NSW 2824
- 09 Feb 2022Listed for Sale $2,100,000
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0About Warren 2824
The size of Warren is approximately 238.5 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Warren in 2011 was 1,598 people. By 2016 the population was 1,343 showing a population decline of 16.0% in the area during that time. The predominant age group in Warren is 0-9 years. Households in Warren are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Warren work in a managers occupation. In 2011, 64.7% of the homes in Warren were owner-occupied compared with 65.7% in 2016.
Warren has 976 properties. Over the last 5 years, Houses in Warren have seen a 50.01% increase in median value, while Units have seen a 12.64% increase. As at 31 October 2024:
- The median value for Houses in Warren is $175,390 while the median value for Units is $213,185.
- Houses have a median rent of $330 while Units have a median rent of $200.
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