1/16 Parkes RoadForbes NSW 2871
Property Details for 1/16 Parkes Rd, Forbes
Last Listing description (July 2024)
Ray White Forbes 02 6851 1411
BLUE RIBBON INVESTMENT - RARE HIGH PROFILE LOCATION
You won't get much better exposure then this perfectly positioned premises! Situated on busy newell highway frontage with other large retail & commercial outlets surrounding this would would make the ideal investment for years to come! Featuring
* Approx 900sqm floor space
* Store room area
* Rear lane access with loading area
* Out door area with potential for a variety of uses
* Ample customer parking
* Toilet facilities
* Zoned: B5 Business development
* Leased to Martinus Rail PTY LTD (18 month lease ) $900pw (excl GST)
* Video walk through available on request
Don't miss this rare location situated strategically located on the busy newell highway frontage. Forbes itself is experiencing significant growth, with the district and surrounding areas, showcasing promising development prospects. In fact, the Forbes area is expected to grow by an impressive 32% over the next 20 years placing Forbes, as it is the highest growth Local Government area in the Central West and sitting strong within the top ten high growth areas in NSW.
Offers prior to Auction will be considered.
For a private viewing call Brendon Allegri 0416 930 197 or E: brendon.allegri@raywhite.com
Property History for 1/16 Parkes Rd, Forbes, NSW 2871
- 08 Jul 2024Sold - Price Undisclosed
- 09 May 2024Listed for Sale Auction
- 19 Dec 2023Listed for Sale $785,000
Recent sales nearby
See more recent sales nearby
/assets/perm/xoahynne3ui6zctzb5awl755pq?signature=64c73afd3ce133ec47e4ec50239817a45a82123bfeb775f5d4e72be14bac4dec){kind=logo}
0/assets/perm/jdjmko2ufqi63h65h6nscb6lki?signature=727ac95308c06f58390012a0426eb9c291d8f48e96bac740078fe93661d038fc){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Forbes 2871
The size of Forbes is approximately 980.3 square kilometres. There are 21 parks, covering nearly 0.2% of the total area. The population of Forbes in 2016 was 8432 people. By 2021 the population was 8157 showing a population decline of 3.3% in the area during that time. The predominant age group in Forbes is 10-19 years. Households in Forbes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forbes work in a professional occupation.In 2021, 67.30% of the homes in Forbes were owner-occupied compared with 68.30% in 2016.
Forbes has 5,228 properties. Over the last 5 years, Houses in Forbes have seen a 58.23% increase in median value, while Units have seen a 33.75% increase. As at 30 April 2026:
- The median value for Houses in Forbes is $419,587 while the median value for Units is $433,042.
- Houses have a median rent of $420 while Units have a median rent of $310.
Suburb Insights for Forbes 2871
Market Insights
Forbes Trends for Houses
N/A
N/A
View TrendN/A
N/A
Forbes Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
