29 Ungarie RoadWest Wyalong NSW 2671
Property Details for 29 Ungarie Rd, West Wyalong
Last Listing description (January 2019)
BRAND NEW SUPERMARKET PLUS 8 RETAIL OUTLETS
CBRE, as the exclusive sales agent, is pleased to present 29 Ungarie Road, West Wyalong, otherwise known as West Wyalong Market Place . The property currently comprises a medical centre, large vacant commercial building and a 150 space outdoor car park. The vacant building is DA Approved and CC Issued for a brand new supermarket and 8 retail outlets; ready for immediate fit out. Situated on the fringe of West Wyalong town centre, the site presents the outstanding opportunity to develop the region s newest shopping precinct.
West Wyalong Market Place benefits from the following key attributes:
Land area: 1.635 hectares*
Total NLA: 2,766sqm*
Long term lease to a leading health service provider, Tristar Medical Group
150 space outdoor car park
Net passing income: $165,657 per annum*
Estimated market net income: $556,872 per annum*
Potential additional building: masterplan approved for a drive-thru service station
Depreciation benefits
B5 Business Development zoning
Moments from West Wyalong Town Centre and District Hospital
Popular regional suburb connected to major interstate travel routes
Interested parties are invited to submit their expressions of interest for the acquisition of West Wyalong Market Place by Wednesday, 21 November 2018 at 4.00pm.
*Approximate
For more information, please contact the exclusive selling agents.
Property History for 29 Ungarie Rd, West Wyalong, NSW 2671
- 21 Jan 2019Sold for $2,010,000
- 26 Jun 2018Listed for Sale Not Disclosed
- 05 Jul 2007Sold for $300,000
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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 2,007 properties. Over the last 5 years, Houses in West Wyalong have seen a 77.05% increase in median value, while Units have seen a 56.13% increase. As at 30 September 2024:
- The median value for Houses in West Wyalong is $281,009 while the median value for Units is $329,800.
- Houses have a median rent of $470 while Units have a median rent of $145.
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