32 Main StreetWallerawang NSW 2845
Property Details for 32 Main St, Wallerawang
32 Main St, Wallerawang is a 3 bedroom, 2 bathroom House. The property has a land size of 1111m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2010.
Last Listing description (November 2024)
Discover an exceptional investment opportunity with a charming brick post office and separate dwelling. This property combines commercial potential with the residential comfort of a beautifully styled 3-bedroom, 2-bathroom home, designed for short stays or long-term rental. The home is fully equipped to accommodate up to 6 guests, making it a versatile asset for savvy investors.
Commercial Information
- Long-Term Lease in place 5 + 5 + 5 lease agreement, expiring in 2037.
- Enjoy a 3% annual rental increase, written into the lease, ensuring consistent revenue growth.
- High visibility as the local post office, this space attracts steady foot traffic,
Residential Information
- Residential home with 3-bedroom 2 Bathroom
- Modern kitchen to entertain up to 6 guests
- Tastefully decorated interiors
- Private outdoor space to allow guests or residents to unwind.
- Rental Income potential of $410 per week from long-term tenants or can be converted to short-stay accommodation.
- The garage features, a shower and amenities, making it ideal for hosting functions or providing additional convenience for guests.
Property History for 32 Main St, Wallerawang, NSW 2845
- 24 Sep 2024Listed for Sale $854,000 - $934,000
- 25 Oct 2010Sold for $220,000
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About Wallerawang 2845
The size of Wallerawang is approximately 67.2 square kilometres. It has 4 parks covering nearly 45.3% of total area. The population of Wallerawang in 2011 was 1,902 people. By 2016 the population was 1,961 showing a population growth of 3.1% in the area during that time. The predominant age group in Wallerawang is 0-9 years. Households in Wallerawang are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wallerawang work in a trades occupation. In 2011, 72.9% of the homes in Wallerawang were owner-occupied compared with 70.6% in 2016.
Wallerawang has 1,082 properties. Over the last 5 years, Houses in Wallerawang have seen a 62.22% increase in median value, while Units have seen a 95.53% increase. As at 31 October 2024:
- The median value for Houses in Wallerawang is $487,224 while the median value for Units is $392,727.
- Houses have a median rent of $460.
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