18-24 Showground RoadWest Wyalong NSW 2671
Property Details for 18-24 Showground Rd, West Wyalong
Last Listing description (April 2023)
Be your own Boss in a business trading successfully since 2012.
In fact, this is one of the best we have seen in this category, a genuine multi income stream operation. Revenue is approaching $2M annually.
Services include: Retail passenger heavy vehicle and industrial tyres via the major international Dunlop brand.
Member of Tradesmart buying group.
Major Industrial gases agency. Rural on-site tyres installations, with no direct competition in this major regional area. Equipment est replacement value $350,000 includes a full range of workshop equipment plus two specialist on site service trucks.
West Wyalong (pop approx 5,000) is a major regional rural, highway and mining centre. Evolution mining at Lake Cowal is a major driver of the local economy, regardless of seasonal conditions etc. Another major local industry is Pace Farms, a major egg producer. Motels and Caravan parks do very well from the intersection of the Mid-Western and Newell Highways.
For Sale: Business: $370,000+ stock est $280,000
Rental $3,000/month + GST + outgoings.
Or Freehold additional $480,000
Property History for 18-24 Showground Rd, West Wyalong, NSW 2671
- 17 Jun 2024Sold for $510,000
- 19 Apr 2022Listed for Sale $850,000
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0About West Wyalong 2671
The size of West Wyalong is approximately 801.3 square kilometres. It has 17 parks covering nearly 3.3% of total area. The population of West Wyalong in 2011 was 3,041 people. By 2016 the population was 3,123 showing a population growth of 2.7% in the area during that time. The predominant age group in West Wyalong is 0-9 years. Households in West Wyalong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Wyalong work in a trades occupation. In 2011, 70.3% of the homes in West Wyalong were owner-occupied compared with 70.4% in 2016.
West Wyalong has 2,006 properties. Over the last 5 years, Houses in West Wyalong have seen a 74.80% increase in median value, while Units have seen a 54.07% increase. As at 31 July 2024:
- The median value for Houses in West Wyalong is $287,997 while the median value for Units is $353,374.
- Houses have a median rent of $450 while Units have a median rent of $145.
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