OFF MARKET

95-97 Nelson Street
Wallsend NSW 2287

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 196m2
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Property Details for 95-97 Nelson St, Wallsend

95-97 Nelson St, Wallsend is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 196m2. While the property is not currently for sale or for rent, it was last sold in December 2015.

Building Type
Unit
Land Size
196m2
Local Government
Newcastle
Lot/Plan
A/DP412282

Last Listing description (June 2021)

Comprising of both a commercial space and a residential apartment, this main street property will be suitable for a variety of purchasers.

The opportunity lends itself to an investor to benefit from a dual income OR a fantastic chance for a business to occupy the ground floor (when vacant) and keep a passive income from the first floor


The residential apartment consists of three bedrooms, single bathroom, and parking onsite.

The Commercial space does have onsite parking and is approx. 60m2 internally.

Tenancy 1 (Ground floor) $350 per week Plus GST
Tenancy 2 (First floor) $270 per week

TOTAL = $655 per week

Both lease amounts are conservative and invite a review to the incoming investor.

Zoning: B2 Local Centre

Located in the CBD of Wallsend, this opportunity will not last long.

Contact Jesse Mulligan on 0432 160 186

Property History for 95-97 Nelson St, Wallsend, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$350,000
02 Dec 2015
Listed for Rent
$7/w
04 Sep 2018
  • 26 Apr 2021
    Listed for Sale SOLD - Price Withheld
  • 01 Feb 2019
    Listed for Sale $465,000
  • 12 Jun 2018
    Listed for Rent $4,620 / week
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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 6,606 properties. Over the last 5 years, Houses in Wallsend have seen a 71.33% increase in median value, while Units have seen a 56.12% increase. As at 30 September 2024:

  • The median value for Houses in Wallsend is $778,125 while the median value for Units is $587,709.
  • Houses have a median rent of $580 while Units have a median rent of $530.
There are currently 25 properties listed for sale, and 11 properties listed for rent in Wallsend on OnTheHouse. According to CoreLogic's data, 295 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.