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58 Wheatley, Bellingen, NSW 2454, 1 Bedrooms, 1 Bathrooms, Studio

$800,000 to $850,000

58 Wheatley, Bellingen, NSW 2454

1
1
6
664m2
StudioListed on Thu Jun 13
Price drop

Bellingen 1 Bedroom Potential Plus

This is a prime opportunity for the astute buyer to capitalize. Large well-located building offering several different potential uses

- 664m2 block with side lane access, plus Wheatley Street frontage

- Zoned E1 Local Centre. Potential for commercial or residential type uses, or mixed-use

- Consider using it as a commercial premises, converting it to a house, or having a home plus business! (subject to Council Consent)

- Block & iron building built circa 1980's. Used from construction up until 2023 as the 'North Bellingen Medical Centre'. Now vacant

- The building is currently set up with 5 consult rooms, reception, tea room, toilet, large verandas, entrance awning, and upstairs locum accommodation with kitchenette & bathroom

- Large concrete parking area. Shared party wall with adjoining commercial property

- Needs some work. To be sold 'as is' on a walk in walk out basis

- Opportunities such as this rarely present themselves

- Fast sale required

Bellingen LEP as follows;

Zone E1 Local Centre

1 Objectives of zone

? To provide a range of retail, business and community uses that serve the needs of people who live in, work in or visit the area.

? To encourage investment in local commercial development that generates employment opportunities and economic growth.

? To enable residential development that contributes to a vibrant and active local centre and is consistent with the Council's strategic planning for residential development in the area.

? To encourage business, retail, community and other non-residential land uses on the ground floor of buildings.

? To preserve the dominance of Hyde Street as the retail centre of Bellingen.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$420,000
Land664m²
Planning ZoneLocal Centre
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Height of Building10 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Bellingen Public School
1.06 km
Primary
K-6
Government
icsea: 1020
Bellingen High School
1.49 km
Secondary
7-12
Government
icsea: 1015

Property history

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Bellingen surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
43 Wheatley Street, Bellingen
0.12 km
3
2
110m2
Year 2024 Month 12 Day 19
$550,000
Council approved
6 Hammond St, Bellingen
0.26 km
2
1
-m2
Year 2024 Month 12 Day 17
-
Council approved
22 HAMMOND ST, Bellingen
0.12 km
1
1
140m2
Year 2024 Month 10 Day 24
$545,000
Council approved
17 MCNALLY ST, Bellingen
0.38 km
4
1
-m2
Year 2024 Month 08 Day 13
-
Council approved
4 DARLINGIA PL, Bellingen
0.13 km
4
1
-m2
Year 2024 Month 07 Day 28
-
Council approved

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Ref:21353186Last update:2024-08-27 21:51:47