174 Railway StreetWoy Woy NSW 2256
Property Details for 174 Railway St, Woy Woy
174 Railway St, Woy Woy is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 696m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (May 2018)
Could this be your opportunity! On offer here is a very stable unit block comprising 3 x 2 bedroom units in a fantastic location. The units are not under a strata scheme so the block must be sold in one line. The land has favourable zoning for potential further development STCA. This is a rare offering focusing on immediate investment return.
Each unit has 2 bedrooms, combined Kitchen & Dining, single Bathroom
The block has shared Laundry facilities & single C/port space per unit
Easy access to wider Peninsula attractions & Woy Woy road.
Currently all units are rented to long term tenants.
Positioning should ensure ongoing tenancy market interest
Gross annual return is currently $40,560.00 pa, $260pwk per unit
Inspection available during Open Homes
Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 174 Railway St, Woy Woy, NSW 2256
- 11 May 2018Sold for $810,000
- 08 Feb 2018Listed for Sale $850,000
- 20 Nov 2015Listed for Rent - Price not available
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0About Woy Woy 2256
The size of Woy Woy is approximately 19 square kilometres. It has 24 parks covering nearly 57.8% of total area. The population of Woy Woy in 2011 was 10,113 people. By 2016 the population was 10,628 showing a population growth of 5.1% in the area during that time. The predominant age group in Woy Woy is 60-69 years. Households in Woy Woy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woy Woy work in a professional occupation. In 2011, 62.2% of the homes in Woy Woy were owner-occupied compared with 60% in 2016.
Woy Woy has 6,099 properties. Over the last 5 years, Houses in Woy Woy have seen a 64.97% increase in median value, while Units have seen a 43.58% increase. As at 31 October 2024:
- The median value for Houses in Woy Woy is $965,577 while the median value for Units is $716,879.
- Houses have a median rent of $550 while Units have a median rent of $495.
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