OFF MARKET

85 Maughan Street
Wellington NSW 2820

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Land area: 759m2
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Last updated 18 Nov 2024
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Property Details for 85 Maughan St, Wellington

85 Maughan St, Wellington is a 0 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 759m2. While the property is not currently for sale or for rent, it was last sold in August 2012.

Building Type
Unit
Land Size
759m2
Local Government
Dubbo Regional
Lot/Plan
A/DP443126

Last Listing description (August 2021)

The zoning is B2 and is currently divided into Four individual premises, the fascia of the property has been recently renovated giving it a much-needed facelift and the internal buildings have had some renovations too.
The buildings are all leased returning $36,660 per year which is a 10.4% return on investment. The tenants are all in current leases with no desire to leave. There are 3 businesses, and a small residential flat at the rear.

The total space for all 4 buildings is approximately 376 m2 and the land size combined is 874 m2 with a street frontage of 18 m. There are 2 large yards with access to the Woolworths and Coles carparks.

The position is perfect, being across the road from the post office and next to the Woolworths and Coles carparks, making parking for the business a breeze.

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Property History for 85 Maughan St, Wellington, NSW 2820

A timeline of how this property has performed in the market
Last Sold
$140,000
23 Aug 2012
Listed for Rent
$220/w
04 Sep 2023
  • 06 Oct 2020
    Listed for Sale Not Disclosed
  • 10 May 2019
    Listed for Sale Not Disclosed
  • 28 Aug 2017
    Listed for Sale $269,000
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About 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.
There are currently 27 properties listed for sale, and 2 properties listed for rent in Wellington on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Wellington.

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