1 Stokes CircuitTaree NSW 2430
Property Details for 1 Stokes Cct, Taree
1 Stokes Cct, Taree is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1965. The property has a land size of 597m2 and floor size of 234m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (June 2023)
This is a special opportunity to secure a solid investment that has been part of the Manning Valley's history for generations.
The iconic "Red Shop" is visibly known to so many, having been the location for many successful take away/retail shop businesses over the years.
Currently tenanted in a long-term lease, this investment opportunity is perfect to add to your portfolio.
Features include:
+ Large front retail space operating as a takeaway
+ Includes office and storeroom
+ Includes a 2-3 room additional area with a kitchen, lounge room, and bathroom in rear of building
+ Corner block with an area of 594 sq metres, includes concreted off-street customer car parking.
+ Zoned general residential with commercial use approved
+ Annual income currently attracts $26,260pa ($505/week)
+ Long term lease in place
For further details or to request a private inspection, contact Alex Cosway at Laing+Simmons Manning Valley on 6551-2299.
Property History for 1 Stokes Cct, Taree, NSW 2430
- 09 Jun 2023Sold for $360,000
- 05 Apr 2023Listed for Sale UNDER OFFER
- 23 Jun 2022Listed for Sale UNDER OFFER
Recent sales nearby
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About Taree 2430
The size of Taree is approximately 47.8 square kilometres. It has 44 parks covering nearly 5.7% of total area. The population of Taree in 2016 was 16197 people. By 2021 the population was 16715 showing a population growth of 3.2% in the area during that time. The predominant age group in Taree is 60-69 years. Households in Taree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Taree work in a community and personal service occupation.In 2021, 58.70% of the homes in Taree were owner-occupied compared with 58.50% in 2016.
Taree has 9,685 properties. Over the last 5 years, Houses in Taree have seen a 56.10% increase in median value, while Units have seen a 34.42% increase. As at 30 April 2026:
- The median value for Houses in Taree is $546,447 while the median value for Units is $387,960.
- Houses have a median rent of $500 while Units have a median rent of $383.
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