FOR SALE
$1,400,000

48 High Street
Wauchope NSW 2446

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 461m2
Land area: 518m2
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Top Location, Multiple Incomes, Good Returns

This commercial property is located in the main street of Wauchope, the ideal location for the businesses of the occupying tenants. Having 3 commercial premises and a 3 bedroom residential house. There are potentially 4 ongoing income streams.
The commerial tenancies are under lease. Shop 1 is on a current 5x5 lease commencing from 9th June 2023 and shops 2 & 3 are on a 3 year lease commencing 1st October 2024. Yearly gross income , including the house, is $88,000.
With a 6.4% gross return, this is an investment property worth looking at to add to your portfolio.
Call Barry Thompson on 0438 851 353 for more details or a private inspection.

Property Details for 48 High St, Wauchope

Building Type
Commercial
Floor Size
461m2
Land Size
518m2

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About Wauchope 2446

The size of Wauchope is approximately 17.8 square kilometres. It has 22 parks covering nearly 19.7% of total area. The population of Wauchope in 2011 was 5,952 people. By 2016 the population was 6,295 showing a population growth of 5.8% in the area during that time. The predominant age group in Wauchope is 0-9 years. Households in Wauchope are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wauchope work in a trades occupation. In 2011, 64.2% of the homes in Wauchope were owner-occupied compared with 63.5% in 2016.

Wauchope has 3,798 properties. Over the last 5 years, Houses in Wauchope have seen a 50.75% increase in median value, while Units have seen a 39.03% increase. As at 30 September 2024:

  • The median value for Houses in Wauchope is $615,624 while the median value for Units is $481,087.
  • Houses have a median rent of $540 while Units have a median rent of $430.
There are currently 32 properties listed for sale, and 26 properties listed for rent in Wauchope on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Wauchope.

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Barry Thompson
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Harcourts Greater Port Macquarie
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