71 Cowper St, Wallsend is a 8 bedroom, 5 bathroom Unit.
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.
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 6,653 properties.
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