117 Lorna StreetWaratah West NSW 2298
Property Details for 117 Lorna St, Waratah West
117 Lorna St, Waratah West is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 458m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
Last Listing description (April 2021)
Position is so important when purchasing an investment property. If you could buy across from a major hospital, down the street from the city's university and put a refurbished granny flat and four bedroom house into the mix, that would be an ideal investment property.
I am excited to introduce such a property to the market. On offer is a four bedroom timber and tile home currently returning $400 per week plus the spacious granny flat with full services.
In the main house you will be pleasantly surprised with high ceilings, timber floorboards and large windows giving plenty of natural light. There is a modern kitchen with generous cupboards and ample bench space with the open plan dining/lounge area off the kitchen. Tidy modern bathroom facilities compliment this home with shower, vanity and toilet. There is a second W.C in the laundry for added convenience.
In the granny flat there is a generous bedroom and full size bathroom but could easily be converted to a two bedroom unit. The kitchen and sitting area are open plan and there is split cycle air conditioning.
This prime investment property is set on a 458m2 corner block and offers three off street parking spaces plus a no fuss level yard area.
For further details or to organise your private inspection (subject to COVID-19 safety protocols) contact Allen Reece 0409 814 400 or the sales team on 4950 2025 or email sales@reecerealty.com.au
Property History for 117 Lorna St, Waratah West, NSW 2298
- 27 Apr 2020Sold for $500,000
- 02 Apr 2020Listed for Rent $260 / week
- 02 Apr 2020Listed for Sale $525,000
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0About Waratah West 2298
The size of Waratah West is approximately 1.7 square kilometres. It has 11 parks covering nearly 25.8% of total area. The population of Waratah West in 2011 was 2,676 people. By 2016 the population was 3,000 showing a population growth of 12.1% in the area during that time. The predominant age group in Waratah West is 20-29 years. Households in Waratah West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah West work in a professional occupation. In 2011, 60.4% of the homes in Waratah West were owner-occupied compared with 55.6% in 2016.
Waratah West has 1,348 properties. Over the last 5 years, Houses in Waratah West have seen a 64.70% increase in median value, while Units have seen a 47.04% increase. As at 31 July 2024:
- The median value for Houses in Waratah West is $822,666 while the median value for Units is $581,831.
- Houses have a median rent of $573 while Units have a median rent of $550.
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