Apartment

1/5 Commercial Road

Alstonville NSW 2477, Australia

3Bedrooms
2Bathrooms
2Parking
1662 m²Land size
-Internal area
$615,000Last sale (2020)

Snapshot

Key points for 1/5 Commercial Road.

  • 3 bedrooms, 2 bathrooms, 2 parking spaces
  • Estimated market value: $1,000,000
  • Air‑conditioning
  • Courtyard
  • Air‑conditioning throughout the unit

About this property

yardizepropertyrecord
Townhouse unit 1 of 5 at 5 Commercial Road in Alstonville offers 3 bedrooms, 2 bathrooms and 2 remote‑controlled car spaces. The unit has an internal floor area of approximately 111 m² on a 329 m² parcel within a 1,662 m² site that hosts four similar townhouses and a detached house. It sold for $615,000 in late 2020 and current market estimates place its value around $1 million, with estimated weekly rent of $745

Also written as Unit 1, 5 Commercial Road.

Key details

Locality
Alstonville
State
NSW
Coordinates
28.84145139 / 153.44111936
GNAF PID
GANSW703913531
Legal parcel ID
1/SP60154
Remoteness area
Regional
Property type
Apartment
Unit land size
1662 m²
Unit internal area
-
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
None detected
Land Use Category
Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$752
Expected property value
$1,000,000
Estimated yield
3.91%
Confidence
High

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
24 Jun 2022
——
Sale
22 Jan 2021
Contracted 05 Nov 2020. Final settlement of the 2020 auction sale
$615,000—
Contract signed
5 Nov 2020
Auction sale; sold by Grassland Realty
$615,000—
Sale
1 Oct 2020
——
Sale
1 Nov 2004
Contracted 16 Nov 2004
$377,500—
Sale
1 Jan 1999
$180,000—

Property insights

Property Features

  • Air‑conditioning throughout the interiorEn.wikipedia.org
  • Private courtyard and external deck
  • Fully fenced perimeter for privacy
  • Remote‑controlled garage with two car spaces
  • Air‑conditioning
  • Courtyard
  • Deck
  • Fully fenced
  • Remote garage
  • 100% Owner‑occupied: All occupants in the five‑unit complex are owner‑occupiers; no rental units reported
  • Car spaces: 2

Building profile

  • 1/5 Commercial Road, Alstonville NSW 2477 is a residential townhouse (unit 1 of a 5‑unit complex) with 3 bedrooms, 2 bathrooms and 2 car spaces
  • Subdivision activity: | Plan type | SP (Subdivision Plan) | P2 |

Recorded sales and leasing agents

Recorded sale agency (2022 sale)
Grassland Realty recorded for the 2022 sale

Ownership mix

Approximate occupancy mix for the surrounding area
Owner-occupied
100%
Renter-occupied
0%

Real Estate Agencies

Ordered by:
McGrath - Ballina/Lennox Head/Alstonville
11.9 km
PRD Northern Rivers
16.4 km
Raine & Horne - Ballina / Alstonville
11.9 km
Wal Murray & Co First National - Ballina
12.1 km
Harcourts - Northern Rivers
12.3 km
Elders Real Estate Alstonville
0.1 km
Century 21 Plateau Lifestyle - Alstonville
0.1 km
Rental & Sold Central
0.7 km
New Directions Online Realty - ALSTONVILLE
1.0 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Alstonville Public School
0.4 km
Primary school | Government
St Joseph's Primary School
0.5 km
Primary school | Catholic
Alstonville High School
0.8 km
Secondary school | Government
Wollongbar Public School
2.7 km
Primary school | Government
Rous Public School
4.4 km
Primary school | Government
Teven-Tintenbar Public School
7.7 km
Primary school | Government
Tregeagle Public School
8.5 km
Primary school | Government
Emmanuel Anglican College
9.0 km
Combined school | Independent
Blue Hills College
9.1 km
Combined school | Independent
Eltham Public School
9.2 km
Primary school | Government
Summerland Christian College
9.5 km
Combined school | Independent
Richmond Christian College
10.0 km
Combined school | Independent
Kadina High School
10.3 km
Secondary school | Government
Biala Special School
12.0 km
Combined school | Independent
Ballina High School
12.4 km
Secondary school | Government
Lismore High School
14.2 km
Secondary school | Government
Southern Cross School
14.3 km
Combined school | Government
Possum Place Early Learning Centre Alstonville
0.3 km
Alstonville Early Learning
0.4 km
Alstonville Community Preschool
1.5 km
* Approximate straight-line distances

Frequently asked questions

What parking facilities are available?

The property provides 2 remote‑controlled car spaces in a garage

Which primary school is closest to the property?

Alstonville Public School is approximately 0.4 km away

How many bedrooms does the unit have?

The townhouse has 3 bedrooms

En.wikipedia.org
How many bathrooms are included?

There are 2 bathrooms

En.wikipedia.org
What was the recent sale price?

The unit sold for $615,000 in November 2020

What is the estimated market value?

Current estimates range from $860,000 to $1.14 million, with a median around $1 million

En.wikipedia.org
What is the estimated weekly rent?

Estimated rental income is $745 per week

Which secondary school is nearest?

Alstonville High School is about 0.8 km from the unit

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