73 Thomas St, Wallsend is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 672m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Set on a corner block, minutes from the Hunter Expressway and downtown Wallsend. This property has fantastic potential as either an investment, small development or owner occupied property. This opportunity is not one to be missed, with a large double garage. This property is currently converted into two separate units with, 2 bathrooms and separate laundry, the value here is second to none.
This low maintenance offering promises a lucrative purchase opportunity. split into two flats under one roofline, both with excellent long term tenants, this property could be a lucrative opportunity without much improvement. For those with an eye for expansion, the courtyard and large yard area lend themselves well for a small development or granny flat(STCA).
-Excellent long term tenants, with great records
-Excellent long term tenants, with great records
-Two flats under one roofline, with separate power
-Two bathrooms with external laundry and WC
-Fantastic yard space with established gardens
Land Size 676m2 approx
Rent: $400+/week
Rates:$437/qtr
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 6,595 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:
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