SOLD
Sold on 15 Mar 2024 for $480,000

4/69 Gurwood Street
Wagga Wagga NSW 2650

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 4273m2
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Property Details for 4/69 Gurwood St, Wagga Wagga

4/69 Gurwood St, Wagga Wagga is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 4273m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Wagga Wagga in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
87m2
Land Size
4273m2
Local Government
Wagga Wagga
Lot/Plan
4/SP75938

Last Listing description (January 2024)

This spacious two bedroom two bathroom with twin keys (main bedroom and studio) serviced apartment is located on level one with balcony and a car space on title. The features include open plan kitchen/living area, modern kitchen, one main bedroom and a studio with seperate kitchenette and ensuite. This complex is nice with great facilities for guests to enjoy such as the in-house gym, swimming pool and BBQ area. Only minutes to the main street of Wagga Wagga. Under long term lease with Quest Apartment Hotels.

With a great return and guaranteed income, this is a rock solid investment opportunity!

Rental return:

Monthly rental return: $ 2,992.92
Gross rent per annum is : $ 35,915
Increased by 3% on December 21 every year
Lease to 21 December 2025

Outgoings:
Council rates per qtr : $ 435 paid by owner
Water Rates per qtr : $ 88 paid by owner
Capital fund per qtr : $ 216.67 paid by owner
Admin Fund per qtr : $ 414.63 paid by tenant

*** Please note images and floor plan may be the generic 2 bed twin key lot in building, not of the exact lot***

Feel free to contact Martin on 0434 983 068 for further information.

Disclaimer: 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.

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Property History for 4/69 Gurwood St, Wagga Wagga, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$480,000
15 Mar 2024
  • 15 Mar 2024
    Sold for $480,000
  • 20 Apr 2023
    Listed for Sale High Rental Yield
  • 29 Oct 2021
    Sold for $420,000
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About Wagga Wagga 2650

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:

  • The median value for Houses in Wagga Wagga is $571,944 while the median value for Units is $372,916.
  • Houses have a median rent of $490 while Units have a median rent of $385.
There are currently 78 properties listed for sale, and 72 properties listed for rent in Wagga wagga on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Wagga wagga.

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