FOR SALE
$1,690,000 - $1,750,000

62 Gregadoo Road
Lake Albert NSW 2650

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 2.03ha
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ACREAGE - SUBDIVISION OPPORTUNITY

Attention Investors, Developers, and Builders: Are you searching for your next project? A potential subdivision opportunity awaits!
This cherished family home offers grand proportions with three separate living areas, wide hallways, large bedrooms all with walk-in robes, ducted heating and cooling, and freshly painted throughout.
The entire home creates a dramatic sense of space, offering a thoughtfully designed layout for families to enjoy.
Situated on just over 5 acres (2.03 ha), this property is perfect for horse enthusiasts or those seeking extra space.
Featuring automatic entrance gates, an in-ground pool, undercover alfresco, enclosed yard, well-fenced paddocks, and a large shed. It's perfectly comfortable as is but also presents significant potential for renovation and capitalising on its subdivision potential and prime location.
Located in one of Wagga Wagga's most sought-after suburbs, this property is considered a "hot spot." It's just a short drive to Lake Village Shopping Centre, Mater Dei Primary/High School, childcare facilities, and a stone's throw from the lake.
Don't miss this rare opportunity!
FEATURES INCLUDE:
LIVING AREA
Three separate living areas
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Property Details for 62 Gregadoo Rd, Lake Albert

62 Gregadoo Rd, Lake Albert is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 2.03ha. The place is currently for sale with One Agency Wagga Wagga.

Building Type
House
Land Size
2.03ha

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About Lake Albert 2650

The size of Lake Albert is approximately 24.7 square kilometres. It has 10 parks covering nearly 3.5% of total area. The population of Lake Albert in 2011 was 5,881 people. By 2016 the population was 6,190 showing a population growth of 5.3% in the area during that time. The predominant age group in Lake Albert is 10-19 years. Households in Lake Albert are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Albert work in a professional occupation. In 2011, 81.2% of the homes in Lake Albert were owner-occupied compared with 79.7% in 2016.

Lake Albert has 2,753 properties. Over the last 5 years, Houses in Lake Albert have seen a 66.88% increase in median value, while Units have seen a 45.98% increase. As at 31 July 2024:

  • The median value for Houses in Lake Albert is $681,053 while the median value for Units is $343,863.
  • Houses have a median rent of $500 while Units have a median rent of $320.
There are currently 30 properties listed for sale, and 5 properties listed for rent in Lake albert on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Lake albert.

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Suburb Insights for Lake Albert 2650

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