Chalmers RoadWallsend NSW 2287
Property Details for 1-6/14 Chalmers Rd, Wallsend
1-6/14 Chalmers Rd, Wallsend is a 12 bedroom, 7 bathroom Unit with 9 parking spaces. The property has a land size of 1195m2.
Last Listing description (April 2024)
Secure a prosperous future with this outstanding investment opportunity. Three brick townhouses and an original weatherboard home, currently configured as three separately metred flats, are consolidated under one title. The property spans a bumper 1195sqm block with an approximate 17.3m frontage and R3 Medium Density Residential zoning, laying the foundation for a myriad of exciting possibilities.
This once in a lifetime opportunity guarantees a rewarding addition to your investment portfolio or consider increasing its value through renovations that could boost the rental income. Alternatively, explore the potential for individual strata title subdivision or even future redevelopment, all contingent upon council approval.
Nestled in a super convenient location literally a stone's throw from Jesmond Central shopping centre, the University of Newcastle, and the new section of the inner-city bypass allowing an almost instant trip to John Hunter Hospital and beyond, this investment gem, is your key to a prosperous and secure future.
- Six units on one title
- At the rear of the block, 2 x 2- bed townhouses, 1 x 3 bed townhouse each with one bathroom and extra w/c plus single garage
- Weatherboard home at front configured as 2 x 2 bed units, 1x 1 bed units separately metred
- Large open communal area provides extra off-street parking
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Property History for 1-6/14 Chalmers Rd, Wallsend, NSW 2287
- 24 Nov 2023Listed for Sale Not Disclosed
- 25 Sep 2023Listed for Sale $1,700,000
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About Wallsend 2287
The size of Wallsend is approximately 13.5 square kilometres. It has 41 parks covering nearly 6.7% of total area. The population of Wallsend in 2011 was 12,308 people. By 2016 the population was 12,458 showing a population growth of 1.2% in the area during that time. The predominant age group in Wallsend is 20-29 years. Households in Wallsend are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallsend work in a professional occupation. In 2011, 65.5% of the homes in Wallsend were owner-occupied compared with 61.2% in 2016.
Wallsend has 6,683 properties. Over the last 5 years, Houses in Wallsend have seen a 72.15% increase in median value, while Units have seen a 55.01% increase. As at 31 July 2024:
- The median value for Houses in Wallsend is $774,867 while the median value for Units is $576,332.
- Houses have a median rent of $580 while Units have a median rent of $520.
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