78 Single StreetWerris Creek NSW 2341
Property Details for 78 Single St, Werris Creek
Last Listing description (April 2024)
PRD Tamworth is pleased to offer for your consideration The Commercial Hotel, 78 Single Street, for Sale - (also known as 81 Single Street) Werris Creek NSW 2341.
The property has the following investment highlights:
+ Long term lease with tenants in place till 28/6/33 plus a further 10-year option
+ A perfect acquisition opportunity for investors.
+ Set-and-forget net lease structure with tenant responsible for all usual outgoings as per the lease.
+ Private on-site parking
+ Site area of approx. 2,605 m²
+ Zoning: E1.
+ Positioned directly opposite Werris Creek Train Station and walking distance to all CBD amenities.
Werris Creek is located in the New England Northwest Region NSW, the predominant industry is agriculture, with emerging tourism, mining & support industries developing throughout the area. Werris Creek is approx. 4 hr. 32 min (369.6 km) via M1 & 34 min (43.6 km) via Werris Creek Rd to the regional city of Tamworth.
Please contact Rebecca Creighton-Clarke directly on 0448 938 943.
Property History for 78 Single St, Werris Creek, NSW 2341
- 10 Apr 2024Sold for $473,000
- 13 Dec 2023Listed for Sale $500,000
- 03 Dec 2020Sold for $350,000
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0About Werris Creek 2341
The size of Werris Creek is approximately 239.1 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Werris Creek in 2011 was 1,729 people. By 2016 the population was 1,554 showing a population decline of 10.1% in the area during that time. The predominant age group in Werris Creek is 60-69 years. Households in Werris Creek are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Werris Creek work in a machinery operators and drivers occupation. In 2011, 71.2% of the homes in Werris Creek were owner-occupied compared with 66.1% in 2016.
Werris Creek has 975 properties. Over the last 5 years, Houses in Werris Creek have seen a 74.59% increase in median value. As at 31 October 2024:
- The median value for Houses in Werris Creek is $264,300 while the median value for Units is $244,279.
- Houses have a median rent of $340.
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