5/26A Walford StreetWallsend NSW 2287
Property Details for 5/26a Walford St, Wallsend
5/26a Walford St, Wallsend is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 203m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Wallsend in the last 12 months.
Last Listing description (June 2024)
What an amazing investment opportunity presents itself with this stunning custom designed home, in a highly sought-after location!
With current tenants leasing the home until June 2024 you have the option to move in or keep this as a blue chip investment only minutes from everything you could possibly need. Currently offering a guaranteed rental income of $650 per week!
This modern and easy-living, 2021 built freestanding townhouse will be sold with a fixed lease and is the perfect set and forget type investment. Arriving at the home you are greeted with a lovely fa?ade and a large single garage with an abundance of storage space. Making your way inside you are greeted with high ceilings, square set cornices, premium lighting, and a spacious open plan living, dining and kitchen. Your kitchen showcases quality stainless-steel appliances and ample cupboard space. Continuing upstairs you will find four generous sized bedrooms, three of those rooms enjoy a private ensuite, there is also a generous sized main bathroom on this level for added convenience. Making your way outside a low maintenance patio awaits with small grass area.
ARE YOU LOOKING FOR A LONG TERM INVESTMENT?
The company taking on the lease offers:
- Lease until 30/06/2024 with an option to extend for a further 3 years if the buyer wishes to
- Guaranteed rent for the life of the lease
- All property maintenance and work completed by the tenant company, free of charge!
- WEEKLY property inspections with photos available monthly
- Any damage that occurred will be fully repaired and back to its original condition
Outgoings:
Council Rates: $1,513.17 approx. per annum
Rental Return: $650 approx. per week
"***Health & Safety Measures are in Place for Open Homes & All Private Inspections
Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing."
Property History for 5/26a Walford St, Wallsend, NSW 2287
- 24 Apr 2024Sold for $649,000
- 11 Aug 2023Listed for Sale Not Disclosed
- 21 Oct 2021Sold for $675,000
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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 6,600 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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