BEST Investment!!
With interest rates low and rent returns high now's the perfect time to invest in property and you needn't look any further than 89 Lake Road, Wallsend!! Or if it is a business you are looking to run from home, this property is also ideal having been previously run as an accounting firm and has, already installed phonelines to almost every room, not to mentioned great exposure!!
Featuring 3 bedrooms, 2 with built in wardrobes, separate lounge and dining, top quality renovated kitchen and bathroom, family room upstairs with s/s air, easy maintenance yard currently used as carpark for adjoining nursery, double garage + separate single garage, all on an approx 858m2 block, only minutes to local shops, schools and with a bus stop out the front! Don't miss this opportunity to invest in such a diverse property in one of Newcastle's growth areas! Call to arrange your inspection today!!
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 6,691 properties. Over the last 5 years, Houses in Wallsend have seen a 66.61% increase in median value, while Units have seen a 48.63% increase. As at 30 November 2024:
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