15 Moresby StreetWallsend NSW 2287
Property Details for 15 Moresby St, Wallsend
15 Moresby St, Wallsend is a 1 bedroom, 1 bathroom House. The property has a land size of 537m2 and floor size of 179m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
Last Listing description (November 2024)
Main Residential Home
The opportunities are endless with this fabulous home. The main property features four bedrooms, the master boasting an ensuite and a spacious walk-in robe. The open plan living and kitchen area is complemented with floating timber floor making it easy to maintain.
Additional Structures and Income:
The three other dwellings are one bedroom and are equipped with its own kitchenette and bathroom.
Investment Potential:
With four income-generating units on the one block, this property offers an attractive and reliable income stream for savvy investors. There would also be potential to turn the house into separate room accommodation, attracting additional income. The total income when fully occupied is currently $1,530.00 per week. Potential rental return is $76,500.00 per annum. If you are looking for a long-term rental return investment with minimal hassle, this is the opportunity you have been looking for.
In close proximity to schools, parks and an array of shopping options this property is ideal for astute buyer and investors.
Other features include:
Carport
Covered Alfresco area
Property History for 15 Moresby St, Wallsend, NSW 2287
- 09 Sep 2024Listed for Rent $350 / week
- 19 Oct 2023Listed for Sale Price Guide $850,000
- 12 Feb 2020Listed for Rent $400 / week
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0About 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 6,595 properties. Over the last 5 years, Houses in Wallsend have seen a 68.79% increase in median value, while Units have seen a 53.05% increase. As at 31 October 2024:
- The median value for Houses in Wallsend is $775,654 while the median value for Units is $583,035.
- Houses have a median rent of $590 while Units have a median rent of $545.
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