159 Nelson StreetWallsend NSW 2287
Property Details for 159 Nelson St, Wallsend
159 Nelson St, Wallsend is a 0 bedroom, 0 bathroom House. The property has a land size of 586m2 and floor size of 234m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 0 bedroom House sold in Wallsend in the last 12 months.
Last Listing description (February 2022)
CURRENT BID $900,000 - 1 QUALIFIED BIDDER.
The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow. Contact Steve on 0425 302 771 immediately to become qualified and avoid disappointment.
Shortland Property Management first occupied the building (10) years ago and has just renewed a new (3) year lease. Shortland Property Management are a very stable tenant in a well-built and highly functional building.
The owner is considering invoking the sole bidder procedure within the Openn Negotiation platform which means it may not make it until Thursday.
If you would like a quality tenant in a well-built building in a good location on a good lease then now is the time to act and register your interest.
* Has CPI or 3% increases rental increases
* Recovers 100% of the outgoings
* Security bond plus directors guarantees
* Rent: $47,820pa + OGs + GST
Property History for 159 Nelson St, Wallsend, NSW 2287
- 21 Jun 2024Sold for $1,000,000
- 17 Feb 2022Sold for $920,000
- 18 Jan 2022Listed for Sale Current Bid - $ 900 k
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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 6,599 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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