48 High StreetWauchope NSW 2446
Property Details for 48 High St, Wauchope
48 High St, Wauchope is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 523m2.This Property is currently listed for sale with Harcourts Greater Port Macquarie
Last Listing description (November 2024)
This commercial property is located in the main street of Wauchope, the ideal location for the businesses of the occupying tenants. Having 3 commercial premises and a 3 bedroom residential house. There are potentially 4 ongoing income streams.
The commerial tenancies are under lease. Shop 1 is on a current 5x5 lease commencing from 9th June 2023 and shops 2 & 3 are on a 3 year lease commencing 1st October 2024. Yearly gross income , including the house, is $88,000.
With a 6.4% gross return, this is an investment property worth looking at to add to your portfolio.
Property History for 48 High St, Wauchope, NSW 2446
- 11 Oct 2024Listed for Sale $1,400,000
- 03 Oct 2024Listed for Rent $450 / week
- 07 Mar 2023Listed for Rent $35,000 / year
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About Wauchope 2446
The size of Wauchope is approximately 17.8 square kilometres. It has 22 parks covering nearly 19.7% of total area. The population of Wauchope in 2011 was 5,952 people. By 2016 the population was 6,295 showing a population growth of 5.8% in the area during that time. The predominant age group in Wauchope is 0-9 years. Households in Wauchope are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wauchope work in a trades occupation. In 2011, 64.2% of the homes in Wauchope were owner-occupied compared with 63.5% in 2016.
Wauchope has 3,805 properties. Over the last 5 years, Houses in Wauchope have seen a 54.16% increase in median value, while Units have seen a 41.08% increase. As at 31 October 2024:
- The median value for Houses in Wauchope is $621,852 while the median value for Units is $482,020.
- Houses have a median rent of $540 while Units have a median rent of $445.
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