51 Zouch StreetWellington NSW 2820
Property Details for 51 Zouch St, Wellington
51 Zouch St, Wellington is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1913m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (June 2024)
Unlock Exceptional Investment Potential with this DA & CC Approved Multi-Dwelling Site in Wellington! With an existing fully furnished residence and approval for three additional 2-bedroom units, this property is a true cash cow, poised to generate a potential rental income of $1900/week fully furnished. Don't miss this golden opportunity to invest in a future filled with possibilities.
This valuable property is a cash cow, featuring an existing home with 3 bedrooms, 1 bathroom, 2 car spaces, fully furnished and rented at $400/week. With DA & CC approval for three additional 2-bedroom, 1-bathroom units with 1 carport each, the site is ready to build and estimated to generate an additional 3 x $500/week fully furnished rental income.
Situated on a spacious 1890 sqm parcel, the property enjoys a prime location near shops, schools, and the town CBD, enhancing its appeal to potential tenants and buyers. As a sophisticated property investor, you can leverage this asset to protect against money erosion and build wealth through strategic real estate investment. The potential rental income of $1900/week fully furnished once the development is completed offers substantial growth prospects.
- DA & CC Approved for Three Additional Dwellings
- Existing Fully Furnished Residence Rented at $400/Week
- Prime Location Near Shops, Schools, and Town CBD
- Potential Rental Income of $1900/Week Fully Furnished
- Significant Growth and Investment Opportunity
Don't miss this rare opportunity to secure a DA & CC approved development site with existing income in Wellington. Contact Sterling Turner at 0429 609 478 to arrange a viewing and take the first step towards realizing your investment potential.
Disclaimer: Sterling Turner Real Estate have no reason to doubt the accuracy of the property information provided by various sources, however, this is a guide only. We advise that it is important that when you inspect the property you make your own enquiries.
Property History for 51 Zouch St, Wellington, NSW 2820
- 01 Aug 2023Listed for Sale Not Disclosed
- 03 Aug 2021Sold for $180,000
- 15 Mar 2021Listed for Sale Under Contract - Contact Agent
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0About Wellington 2820
The size of Wellington is approximately 15.9 square kilometres. It has 9 parks covering nearly 1.6% of total area. The population of Wellington in 2011 was 4,065 people. By 2016 the population was 4,100 showing a population growth of 0.9% in the area during that time. The predominant age group in Wellington is 0-9 years. Households in Wellington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wellington work in a community and personal service occupation. In 2011, 58.4% of the homes in Wellington were owner-occupied compared with 57.7% in 2016.
Wellington has 2,455 properties. Over the last 5 years, Houses in Wellington have seen a 113.42% increase in median value, while Units have seen a 30.22% increase. As at 31 October 2024:
- The median value for Houses in Wellington is $289,947 while the median value for Units is $314,479.
- Houses have a median rent of $350 while Units have a median rent of $245.
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