FOR SALE
Buy now prior to online auction campaign

24 Montefiores Street Montefiores Via
Wellington NSW 2820

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3.3ha
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Backed by regional growth

An opportunity exists to capitalise on local and regional growth with this large parcel of land some 3.3h in area originally DA approved for 37 lots in 2007.
The seller advises that an opportunity for subdivision of up to 51 lots (STCA), pending new development approvals exists.
Wellington is ideally positioned within the Central-West Orana Renewable Energy Zone connected by new infrastructure that supports a robust energy network.
Further large scale energy projects that are ready to start are powerful economic drivers, creating significant demand for jobs and housing, especially during their construction phases with continued opportunities during ongoing operations.
These local investment factors tied in with the growing Central West region harness further gains and future growth for Wellington.
Here is an opportunity to enter this exciting times with this residential development located in the growing area of Montefiores.
The property is available to purchase now prior to the planned commencement of an online auction to be advised.
Call Gary Francis on 0428 459 830 for further details.
* Images reflect properties at the time when the photos were taken or in some cases at an earlier point to accommodate the privacy of the tenant or owner. Seasonal changes & maintenance can affect the current presentation. Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent. Prospective buyers are urged to rely on their own enquiries.

Property Details for 24 Montefiores Street Montefiores Via, Wellington

Building Type
Land
Land Size
3.3ha

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About Wellington 2820

The size of Wellington is approximately 15.9 square kilometres. It has 9 parks covering nearly 1.6% of total area. The population of Wellington in 2011 was 4,065 people. By 2016 the population was 4,100 showing a population growth of 0.9% in the area during that time. The predominant age group in Wellington is 0-9 years. Households in Wellington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wellington work in a community and personal service occupation. In 2011, 58.4% of the homes in Wellington were owner-occupied compared with 57.7% in 2016.

Wellington has 2,453 properties. Over the last 5 years, Houses in Wellington have seen a 114.40% increase in median value, while Units have seen a 54.71% increase. As at 30 November 2024:

  • The median value for Houses in Wellington is $290,545 while the median value for Units is $373,634.
  • Houses have a median rent of $370 while Units have a median rent of $245.
There are currently 24 properties listed for sale, and 1 property listed for rent in Wellington on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Wellington.

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Gary Francis
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Raine & Horne Wellington
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