This property offers a versatile and unique opportunity to the astute investor or owner occupier looking for an investment income. This property is located directly across from the local train station, and only one back from the waters edge.
The commercial property is being leased by a great tenant, as a caf at the moment and has a fixed term lease. The residential property at the rear is vacant and can be rented out as is, or updated to maximise the rental return.
Property features include:
- 696 m2 block
- B1 Zoned
- 3 bedrooms
- Fireplace
- 1 carport (residence)
- 3 carports (commercial)
- B1 zoned with plenty of potential for redevelopment
Properties this rare will not last long, get in and inspect now! For more information call your local agents Ty Reynolds on 0498 880 826 or Andrew Quilkey 0421 200 330.
To view more properties visit www.wilsonsproperty.com.au
Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
The size of Koolewong is approximately 3.5 square kilometres. It has 5 parks covering nearly 15.9% of total area. The population of Koolewong in 2011 was 794 people. By 2016 the population was 863 showing a population growth of 8.7% in the area during that time. The predominant age group in Koolewong is 50-59 years. Households in Koolewong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koolewong work in a professional occupation. In 2011, 77.4% of the homes in Koolewong were owner-occupied compared with 77.9% in 2016.
Koolewong has 454 properties. Over the last 5 years, Houses in Koolewong have seen a 46.71% increase in median value, while Units have seen a 11.67% increase. As at 31 October 2024:
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