FOR SALE
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68 Carrington Street
West Wallsend NSW 2286

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 465m2
Land area: 1012m2
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Welcome to 68 Carrington Street, West Wallsend!

Prime Investment Opportunity in the Heart of West Wallsend!
Discover the potential of 68 Carrington Street—an outstanding investment opportunity featuring a well-tenanted commercial property that promises consistent cash flow. This property showcases four separate leases, making it an ideal addition to your investment portfolio.
Property Features
- Four Separate Leases: All tenanted.
- providing immediate cash flow
- Diverse Options: Includes three shops and a two-bedroom flat
- Spacious Lot: Situated on a substantial 1012m²
- Total Building Size: Approximately 465m²
Financial Highlights:
Current Net Income: $69,000pa + GST + Outgoings
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Property Details for 68 Carrington St, West Wallsend

Building Type
Commercial
Floor Size
465m2
Land Size
1012m2

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About West Wallsend 2286

The size of West Wallsend is approximately 14 square kilometres. It has 8 parks covering nearly 18.4% of total area. The population of West Wallsend in 2011 was 1,714 people. By 2016 the population was 2,248 showing a population growth of 31.2% in the area during that time. The predominant age group in West Wallsend is 0-9 years. Households in West Wallsend are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West Wallsend work in a trades occupation. In 2011, 78.4% of the homes in West Wallsend were owner-occupied compared with 74.7% in 2016.

West Wallsend has 1,201 properties. Over the last 5 years, Houses in West Wallsend have seen a 67.65% increase in median value, while Units have seen a 78.08% increase. As at 31 October 2024:

  • The median value for Houses in West Wallsend is $801,781 while the median value for Units is $533,849.
  • Houses have a median rent of $630.
There are currently 7 properties listed for sale, and 2 properties listed for rent in West wallsend on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in West wallsend.

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Jacob McFarlane
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McFarlane Real Estate - CARDIFF
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