1 Bulolo StreetAshmont NSW 2650
Property Details for 1 Bulolo St, Ashmont
1 Bulolo St, Ashmont is a 10 bedroom, 5 bathroom Unit with 5 parking spaces and was built in 1980. The property has a land size of 270m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2008.
Last Listing description (May 2024)
20 Bulolo Street, Ashmont presents an exceptional opportunity to secure a block of 5 x 2 bedroom units offered for sale on one title.
The development is of brick construction and sits on a large allotment of 1364m2. It is superbly located only a short walk to shopping, schools, public transport and is an easy 9 minute drive to Wagga's CBD.
All units are generous in size and boast two large bedrooms, spacious living area, internal laundry, reverse cycle heating & cooling, private courtyard and carport. One unit has been recently updated and boasts a new kitchen and updated paint and carpet. The development also provides for visitor car parking spaces.
Currently 100% occupied with most residents being long term tenants, the property has the ability to achieve $64,480 yield per annum in the current rental market with impressive scope to refurbish to increase annual yield and capital growth.
Ideal for superannuation funds, investors and developers, this property presents a rare chance to acquire a solid investment, one which is sure to provide financial growth and stability for the future.
* Information Memorandum available upon request.
Rates: $6,199.35 p.a.
Property History for 1 Bulolo St, Ashmont, NSW 2650
- 28 Mar 2024Listed for Sale $950,000 - $1,000,000
- 03 Jun 2021Sold
- 22 Aug 2019Listed for Sale $350,000
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About Ashmont 2650
The size of Ashmont is approximately 2.4 square kilometres. It has 9 parks covering nearly 13.5% of total area. The population of Ashmont in 2011 was 4,024 people. By 2016 the population was 3,830 showing a population decline of 4.8% in the area during that time. The predominant age group in Ashmont is 0-9 years. Households in Ashmont are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ashmont work in a labourer occupation. In 2011, 48.9% of the homes in Ashmont were owner-occupied compared with 46.2% in 2016.
Ashmont has 1,930 properties. Over the last 5 years, Houses in Ashmont have seen a 75.56% increase in median value, while Units have seen a 72.45% increase. As at 31 October 2024:
- The median value for Houses in Ashmont is $468,935 while the median value for Units is $353,741.
- Houses have a median rent of $405 while Units have a median rent of $320.
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