1 Nordlingen DriveTolland NSW 2650
Property Details for 1 Nordlingen Dr, Tolland
1 Nordlingen Dr, Tolland is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 1284m2.
Last Listing description (August 2021)
Excellent investment opportunity currently offering an attractive rental return of over 7%. The 5 units are on one title & are occupied by great long-term tenants providing a secure asset for a savvy investor. A high yielding opportunity with a current rental income of $47,580 gross per annum.
Solid brick veneer construction with tile roof & covered car accommodation. Each unit offers 2 bedrooms with built-in storage, open plan kitchen, dining & meals with electric cooking and are serviced by reverse cycle heating & cooling.
Convenient location, just walking distance to popular shopping complex & local shops & schools. Only 10 minutes from Wagga's CBD & situation along public transport route.
Land Size: 1012 m2
WWCC Rates: $5,624.32 pa
*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 enquiries.
Property History for 1 Nordlingen Dr, Tolland, NSW 2650
- 05 Dec 2018Listed for Sale $619,000
- 12 Nov 2018Listed for Sale $680,000
- 26 Jun 2018Listed for Sale $680,000
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About Tolland 2650
The size of Tolland is approximately 2 square kilometres. It has 4 parks covering nearly 11.9% of total area. The population of Tolland in 2011 was 3,550 people. By 2016 the population was 3,363 showing a population decline of 5.3% in the area during that time. The predominant age group in Tolland is 0-9 years. Households in Tolland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tolland work in a labourer occupation. In 2011, 54.9% of the homes in Tolland were owner-occupied compared with 51.6% in 2016.
Tolland has 1,684 properties. Over the last 5 years, Houses in Tolland have seen a 80.88% increase in median value, while Units have seen a 73.85% increase. As at 31 October 2024:
- The median value for Houses in Tolland is $461,675 while the median value for Units is $353,674.
- Houses have a median rent of $450 while Units have a median rent of $320.
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