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Sold on 25 Nov 2024 for $618,500

2/329 Wantigong Street
North Albury NSW 2640

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 847m2
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Property Details for 2/329 Wantigong St, North Albury

2/329 Wantigong St, North Albury is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 847m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom Unit sold in North Albury in the last 12 months.

Building Type
Unit
Year Built
1960
Land Size
847m2
Local Government
Albury City

Last Listing description (December 2024)

Unlock the potential of this rare investment opportunity at 329 Wantigong Street, North Albury. This property boasts two units on the one title, offering dual-income. Ideal for investors looking to diversify their portfolio or for those seeking a property with future growth potential. The inclusion of a large colorbond shed adds even more value, making it an attractive investment with multiple income streams and future development possibilities.

Unit 1 is currently leased until 10/10/24, while unit 2 has a lease in place until March 2025, offering the flexibility for someone to move into one unit while generating rental income from the other.

Adding to the appeal is a substantial 7.7m x 8.5m colorbond shed, equipped with its own private driveway. This shed provides excellent potential as a leasable space, perfectly suited for a tradesperson in need of secure storage. With the option to generate additional rental income, the shed adds significant value to the property.

The property sits on a spacious parcel of land, offering scope for future development or expansion (subject to council approval). Whether you're considering adding further dwelling, or simply enhancing the existing building, the land provides excellent possibilities for growth (subject to council approval).

Situated in a convenient North Albury location, the property is surrounded by essential amenities. The local IGA and shopping precinct are just a short stroll away, ensuring easy access to everyday needs. Additionally, the nearby daycare centres, schools, and public transport services make this a practical location for families and renters alike.

With its combination of dual units, a versatile shed, and a central North Albury location, this is a must-see opportunity.

The 2 units feature

- 2 bedrooms
- Built-in robes in both bedrooms
- Lounge room with reverse cycle split system air conditioner
- Upgraded kitchen is complete with gas hotplates, electric oven, and dishwasher
- Combined bathroom and laundry with separate toilet
- Each unit has a private and secure courtyard
- Tandem carport
- 7.7m x 8.5m colorbond shed with private driveway
- Unit 1 leased at $300.00 per week with vacant possession on 10/10/24
- Unit 2 currently leased at $300.00 per week until March 2025

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own en

Property History for 2/329 Wantigong St, North Albury, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$618,500
25 Nov 2024
Listed for Rent
$210/w
30 Jul 2015
  • 25 Nov 2024
    Sold for $618,500
  • 01 Oct 2024
    Listed for Sale $649,000
  • 05 Nov 2016
    Listed for Sale Not Disclosed
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About North Albury 2640

The size of North Albury is approximately 5.9 square kilometres. It has 15 parks covering nearly 15.9% of total area. The population of North Albury in 2011 was 5,976 people. By 2016 the population was 6,045 showing a population growth of 1.2% in the area during that time. The predominant age group in North Albury is 20-29 years. Households in North Albury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Albury work in a trades occupation. In 2011, 59.6% of the homes in North Albury were owner-occupied compared with 57% in 2016.

North Albury has 3,722 properties. Over the last 5 years, Houses in North Albury have seen a 69.90% increase in median value, while Units have seen a 89.08% increase. As at 30 November 2024:

  • The median value for Houses in North Albury is $421,754 while the median value for Units is $354,234.
  • Houses have a median rent of $450 while Units have a median rent of $330.
There are currently 17 properties listed for sale, and 11 properties listed for rent in North albury on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in North albury.

Suburb Insights for North Albury 2640

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Rudy Yonson Real Estate - ALBURY NORTH
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.