4 Raglan StreetWallsend NSW 2287
Property Details for 4 Raglan St, Wallsend
Last Listing description (October 2023)
The subject site is centrally located 10 kilometres* from Newcastle CBD. This prime location places the property within close proximity to excellent amenities such as the University of Newcastle Callaghan Campus, Stockland Jesmond Shopping Centre and the John Hunter Hospital.
The regular shaped block of R2 Low Density Residential land is 1,565 square metres* located on the eastern side of Raglan Street. The site offers DA approval for a 100 place childcare centre situated within close proximity to three primary schools, numerous local amenity and ease of access to major arterial roads including Newcastle Road. The design is an efficient retrofit design providing potential construction cost and time saving opportunity. With a fifteen year lease to 'Little Zaks' and a further two ten year options this operator has entrenched themselves in the sector in the upper echelon of service
providers.
For Sale by Expressions of Interest l For more information, please call agents,
*Approximate
Images are Artist's Impression.
Property History for 4 Raglan St, Wallsend, NSW 2287
- 27 Jun 2024Sold for $2,530,000
- 15 Aug 2023Listed for Sale Please contact agent
- 22 Apr 2022Sold for $1,150,000
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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 6,604 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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