This is a very rare and excellent opportunity that is being sold for the very first time in approximately 25 years.
Located on the east side of the railway line in Wauchope with high exposure facing Carrington St (also known as the Oxley Highway) is the iconic and strategic location of 1 Carrington St.
This site was being utilised as Mitre 10 until very recently and is now vacant. We understand these existing use rights still apply for a limited time. This prime property was recently used for commercial purposes, but it is zoned General Residential (R1). However, we encourage all interested parties to carry out their due diligence.
A buyer's 'information pack' is available which includes contract, sales data, brochure and submission form. To receive this please make contact with the Listing Agent.
We strongly encourage all interested parties to communicate with Port Macquarie Hastings Council to identify the opportunities this property offers.
The property is being sold via 'Expressions of Interest'. All submissions/offers must be made to the agent on the available 'submission form' that can be obtained from the Listing Agents. All submissions/offers must be submitted by 4th October 2024 at 4.00pm to the Listing Agents. All submissions will then be forwarded to the executors for their consideration – the strong intention is to sell 1 Carrington St.
Note: GST is applicable
Key Features/Notes
- 7,430sqm (approx.) total land size
- 60.9mtr frontage, high exposure, north to rear
- Zoned General Residential (R1)
- Three industrial buildings
- GLA of 1,349sqm (approx.)
- Easy access to Wauchope CBD
- Connected to the property are electricity, gas, town water and telephone
- Reported to be installed by the previous tenant is solar electricity
- Vacant ready to go
- GST is applicable
Property Details:
Council Rates: $5,100 pa (approx)
Land Size: 7,430 sqm (approx)
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.
The size of Wauchope is approximately 17.8 square kilometres. It has 22 parks covering nearly 19.7% of total area. The population of Wauchope in 2011 was 5,952 people. By 2016 the population was 6,295 showing a population growth of 5.8% in the area during that time. The predominant age group in Wauchope is 0-9 years. Households in Wauchope are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wauchope work in a trades occupation. In 2011, 64.2% of the homes in Wauchope were owner-occupied compared with 63.5% in 2016.
Wauchope has 3,804 properties. Over the last 5 years, Houses in Wauchope have seen a 54.16% increase in median value, while Units have seen a 41.08% increase. As at 31 October 2024:
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