13 Short StreetKyogle NSW 2474
Property Details for 13 Short St, Kyogle
13 Short St, Kyogle is a bedroom, bathroom House. The property has a land size of 1257m2 and floor size of 350m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (November 2017)
The property is a purpose built child care centre with a stable, long established child care centre business with experienced operator that has been operating successfully for 14 years. The property size is approximately 1200 sq. meters and is located in a quiet residential neighbourhood approximately 40 minutes drive to Lismore. The building is of brick construction with a colour bond roof. The centre has two main children s rooms, staff room and bathroom, reception and office, programming room, laundry and storage room, as well as a well-constructed outdoor playground and bitumen front car park, providing ample off street parking.
The property is currently achieving the rent of $54,000 per year with 3% annual increases. This represents a 7% return on investment. The tenant maintains the building and pays all lessor outgoings, including council rates, water, public liability and building insurance.
There is a current long term lease lasting 10 years, ending 17 January 2023, plus 3 options of 5 years each and allows for minimum 3% rent increase every January.
Property History for 13 Short St, Kyogle, NSW 2474
- 17 Oct 2017Sold for $716,000
- 08 Mar 2017Listed for Sale $735,000
- 10 Apr 2014Sold for $540,000
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About Kyogle 2474
The size of Kyogle is approximately 30.1 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Kyogle in 2016 was 2197 people. By 2021 the population was 2248 showing a population growth of 2.3% in the area during that time. The predominant age group in Kyogle is 60-69 years. Households in Kyogle are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kyogle work in a community and personal service occupation.In 2021, 67.00% of the homes in Kyogle were owner-occupied compared with 64.80% in 2016.
Kyogle has 1,490 properties. Over the last 5 years, Houses in Kyogle have seen a 58.64% increase in median value, while Units have seen a 31.61% increase. As at 31 March 2026:
- The median value for Houses in Kyogle is $560,941 while the median value for Units is $388,026.
- Houses have a median rent of $480 while Units have a median rent of $380.
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