OFF MARKET

71 Cowper St
Wallsend NSW 2287

Bedrooms: 8
Bathrooms: 5
Car spaces: -
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Property Details for 71 Cowper St, Wallsend

71 Cowper St, Wallsend is a 8 bedroom, 5 bathroom Unit.

Building Type
Unit
Local Government
Newcastle

Last Listing description (April 2023)

Positioned with rare main road Wallsend frontage, this substantial property offers a unique investment opportunity with a great return.

4 secure and long-term commercial tenants currently occupy the downstairs commercial spaces, at a combined rent of $7583 per month.

Upstairs, long term residential tenants occupy the renovated space, with multiple living and bedrooms, at $7995 per month.

A huge 700m2 space is available immediately for buyer's usage or let for additional boost to the return.

Large upstairs office space
Pre-1960 rule, non-heritage listed
Zoning B2, Local Centre, mixed residential and commercial
Build height 14m.

Positioned within close proximity to public transport, pedestrian traffic and Stockland Shopping Centre, and adjacent to Nelson Street and the busy Wallsend CBD precinct.

Call us on 02 4958 8555, 7 days to book your inspection.

Property History for 71 Cowper St, Wallsend, NSW 2287

A timeline of how this property has performed in the market
  • 03 Aug 2022
    Listed for Sale Guide 2.7m

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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.
There are currently 15 properties listed for sale, and 13 properties listed for rent in Wallsend on OnTheHouse. According to CoreLogic's data, 290 properties were sold in the past 12 months in Wallsend.

Suburb Insights for Wallsend 2287

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.