40 William StreetRaymond Terrace NSW 2324
Property Details for 40 William St, Raymond Terrace
40 William St, Raymond Terrace is a bedroom, bathroom House. The property has a land size of 95m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other bedroom House sold in Raymond Terrace in the last 12 months.
Last Listing description (November 2022)
Arguably the townships most prominent location.
Corner building offering approx. 90 sqm floor space and approx. 24 sqm amenities area upstairs.
Current tenant, operating (since 2015) as a cafe, is in a 3 year lease (expiring 30/11/2024) with a further 3 year option. Returns $44,011 (INC. GST) per annum (CPI indexed). Tenant also responsible for all outgoings of approx. $8,950 per annum.
Excellent opportunity to add a secure income to your investment portfolio.
Property History for 40 William St, Raymond Terrace, NSW 2324
- 27 Aug 2024Sold for $650,000
- 07 Jul 2022Sold for $622,500
- 05 May 2022Listed for Sale $650,000
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0About Raymond Terrace 2324
The size of Raymond Terrace is approximately 33.8 square kilometres. It has 27 parks covering nearly 34.7% of total area. The population of Raymond Terrace in 2011 was 12,724 people. By 2016 the population was 12,788 showing a population growth of 0.5% in the area during that time. The predominant age group in Raymond Terrace is 0-9 years. Households in Raymond Terrace are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raymond Terrace work in a trades occupation. In 2011, 58.9% of the homes in Raymond Terrace were owner-occupied compared with 57% in 2016.
Raymond Terrace has 6,666 properties. Over the last 5 years, Houses in Raymond Terrace have seen a 60.72% increase in median value, while Units have seen a 69.34% increase. As at 31 October 2024:
- The median value for Houses in Raymond Terrace is $552,529 while the median value for Units is $458,193.
- Houses have a median rent of $550 while Units have a median rent of $450.
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