FOR SALE
$370,000

69 Wellington Street
Bombala NSW 2632

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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An Exceptional Investment Prospect

Presenting a sterling investment opportunity with this block of units at Unit 1 & 2 / 69 Wellington Street, Bombala, NSW, 2632. This enticing property offers a savvy investor the chance to secure a foothold in the burgeoning Bombala real estate market.
The property comprises two spacious units, each featuring two well-appointed bedrooms, a comfortable living area enhanced by wood heating for those cooler evenings, and a functional kitchen. Designed with privacy in mind, both units boast their own fenced back yards, perfect for tenants seeking a bit of solitude or an area to entertain.
Each unit benefits from a single car garage, ensuring secure parking for tenants, while guests can take advantage of additional parking spaces. The shared patio area with a BBQ facility offers a communal space to socialise and enjoy the serene environment that Bombala has to offer.
Resting on a generous 1115 square metre block, and located merely one street from the heart of Bombala, tenants will enjoy the convenience of local amenities. The property is situated opposite the showground, adding to the appeal for potential renters.
With profitable returns on offer, this dual-unit property represents an exceptional investment prospect. Don't miss out on this chance to expand your portfolio with this alluring piece of real estate.

Property Details for 69 Wellington St, Bombala

69 Wellington St, Bombala is a 2 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The place is currently for sale with One Agency Craig Schofield.

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BlockOfUnits

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About Bombala 2632

The size of Bombala is approximately 119.9 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Bombala in 2011 was 1,210 people. By 2016 the population was 1,395 showing a population growth of 15.3% in the area during that time. The predominant age group in Bombala is 60-69 years. Households in Bombala are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Bombala work in a managers occupation. In 2011, 72.4% of the homes in Bombala were owner-occupied compared with 71.7% in 2016.

Bombala has 927 properties. Over the last 5 years, Houses in Bombala have seen a 103.97% increase in median value, while Units have seen a 138.38% increase. As at 30 September 2024:

  • The median value for Houses in Bombala is $374,894 while the median value for Units is $377,111.
  • Houses have a median rent of $385.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Bombala on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Bombala.

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Craig Schofield
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