1/120 Old Southern RoadWorrigee NSW 2540
Property Details for 1/120 Old Southern Rd, Worrigee
1/120 Old Southern Rd, Worrigee is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Worrigee in the last 12 months.
Last Listing description (May 2024)
A 'set and forget' investment property ready to add to your portfolio, or to help you get your foot in the door.
Welcome to 1/120 Old Southern Road, Worrigee.
This low maintenance 3 bedroom villa, ticks all of the boxes in modern convenient living, and comes with a DHA lease in place, currently receiving $600/week.
With nothing left for you to do, secure a ready and waiting investment property today, and reap the rewards well into the future.
Property particulars are noted below:
- Three generously sized bedrooms, all with built-in robes.
- Main bedroom with ensuite, and another separate family sized bathroom.
- Open-plan kitchen, living and dining area.
- U-shaped kitchen with gas cooktop and island bench with casual dining option for 2 guests.
- Double lock-up garage with electric garage doors and internal access.
- Ducted air-conditioning throughout.
- Two seperate outdoor entertaining areas, and a level, low maintenance backyard.
- Plenty of off street parking for tenants and their guests.
- A GJ Gardner build.
- All villas in the complex are currently leased to DHA.
- DHA Lease in place at $600/week with annual reviews.
- Leased to Defence Housing Australia until June 2027.
For more information, or to arrange your private inspection, contact Glenn Brandon or Crystal Brandon at Ray White South Coast.
Property History for 1/120 Old Southern Rd, Worrigee, NSW 2540
- 27 May 2024Sold for $615,000
- 10 Jan 2024Listed for Sale $620,000
- 19 Feb 2019Listed for Rent $400 / week
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About Worrigee 2540
The size of Worrigee is approximately 17 square kilometres. It has 6 parks covering nearly 29.5% of total area. The population of Worrigee in 2011 was 4,552 people. By 2016 the population was 5,073 showing a population growth of 11.4% in the area during that time. The predominant age group in Worrigee is 0-9 years. Households in Worrigee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Worrigee work in a trades occupation. In 2011, 67.6% of the homes in Worrigee were owner-occupied compared with 62.2% in 2016.
Worrigee has 2,069 properties. Over the last 5 years, Houses in Worrigee have seen a 54.92% increase in median value, while Units have seen a 37.69% increase. As at 31 October 2024:
- The median value for Houses in Worrigee is $799,936 while the median value for Units is $546,862.
- Houses have a median rent of $570 while Units have a median rent of $495.
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