OFF MARKET

6 Messenger Avenue
Boorooma NSW 2650

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6980m2
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Property Details for 6 Messenger Ave, Boorooma

Building Type
Commercial
Land Size
6980m2
Local Government
Wagga Wagga
Lot/Plan
2/DP287007

Last Listing description (February 2023)

Located in Boorooma, one of the rapidly expanding northern suburbs of Wagga Wagga, this Lot is perfectly situated to take advantage of the growing population and passing traffic. The site is just off the main arterial road to Boorooma, Estella and CSU with a roundabout making and easy and convenient access and exit points as well as being easily accessed from the Olympic Highway.

As at 2019, the total population of Boorooma, Estella and Gobbagombalin was 4701. By 2034, it is expected to grow to 9148. A 2017 traffic count of the area shows that approx. 9,500 to 10,000 cars per day travel along Boorooma Street into the northern suburbs and CSU (report is available).

With no other retail outlets, shopping centres or fuel services available on the northern side of the Murrumbidgee River, this is the perfect position to fulfil the needs of local residents as well as passing traffic.

Area: Lot 2: approx 6747 square metres.

Improvements:
- Site includes power, water & sewer connections
- Common road access provided
- Exposure to Olympic Way
- Adjoining fast developing residential areas
- Significant volume of passing traffic (figures available)
- Zoned B2 Local Centre

All areas and figures approximate only. All precautions have been taken to establish the accuracy of the above information, but does not constitute any representation by the Agent of Vendor. All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 6 Messenger Ave, Boorooma, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$4,070,000
30 Mar 2023
  • 30 Mar 2023
    Sold for $4,070,000
  • 13 Feb 2023
    Listed for Sale Contact Agent

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About Boorooma 2650

The size of Boorooma is approximately 1.6 square kilometres. The population of Boorooma in 2011 was 113 people. By 2016 the population was 869 showing a population growth of 669.0% in the area during that time. The predominant age group in Boorooma is 20-29 years. Households in Boorooma are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boorooma work in a professional occupation. In 2011, 69.7% of the homes in Boorooma were owner-occupied compared with 72.4% in 2016.

Boorooma has 800 properties. Over the last 5 years, Houses in Boorooma have seen a 53.70% increase in median value, while Units have seen a 21.44% increase. As at 30 November 2024:

  • The median value for Houses in Boorooma is $753,913 while the median value for Units is $584,192.
  • Houses have a median rent of $600 while Units have a median rent of $485.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Boorooma on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Boorooma.

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