10/69 Gurwood St, Wagga Wagga is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 4273m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
Situated in a prime position in a high profile city in rural NSW, this lovely 1 bedroom unit features built in robes in the main bedroom, modern bathroom and laundry facilities. The kitchen with excellent appointments adjoins the dining and living areas. Currently receiving $17,250.48 per annum paid on a monthly basis with 4% annual increases leased until 20/12/20. There are 3 five year options on the lease. The tenant is Quest and such provides excellent security. This is an 7% gross return and should be considered for your portfolio.
The size of Wagga Wagga is approximately 8.9 square kilometres. It has 13 parks covering nearly 21% of total area. The population of Wagga Wagga in 2011 was 6,961 people. By 2016 the population was 7,109 showing a population growth of 2.1% in the area during that time. The predominant age group in Wagga Wagga is 20-29 years. Households in Wagga Wagga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wagga Wagga work in a professional occupation. In 2011, 47.8% of the homes in Wagga Wagga were owner-occupied compared with 45.5% in 2016.
Wagga Wagga has 6,038 properties. Over the last 5 years, Houses in Wagga Wagga have seen a 62.64% increase in median value, while Units have seen a 67.24% increase. As at 31 October 2024:
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