20-22 Neeld StreetWyalong NSW 2671
Property Details for 20-22 Neeld St, Wyalong
Last Listing description (October 2023)
Under instructions from Barry Kogan and Katherine Sozou as Receivers and Managers, Colliers is excited to present For Sale 20-22 Neeld Street, West Wyalong. Forming part of The Petroleum Portfolio, a rare and unique collection of strategically located service station investments, developments and operational opportunities across the East Coast of Australia.
This property represents a secure investment in a prime regional location and offers the following key investment highlights:
Strategic 2,024m* corner site
Fuel infrastructure (3 bowsers & 16 pumps)
Attractive 10 year lease with options
Passing income of $71,306* per annum with fixed rental growth
The Petroleum Portfolio is offered For Sale in-one-line or individually via Expressions of Interest closing Wednesday 8 November at 3pm (AEDT).
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
*Approx.
Property History for 20-22 Neeld St, Wyalong, NSW 2671
- 03 May 2024Sold for $900,000
- 09 Oct 2023Listed for Sale Please contact agent
- 02 Jul 2020Listed for Sale Contact Agent
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0About Wyalong 2671
The size of Wyalong is approximately 354.9 square kilometres. It has 7 parks covering nearly 1% of total area. The population of Wyalong in 2011 was 851 people. By 2016 the population was 659 showing a population decline of 22.6% in the area during that time. The predominant age group in Wyalong is 50-59 years. Households in Wyalong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wyalong work in a trades occupation. In 2011, 73.2% of the homes in Wyalong were owner-occupied compared with 73.2% in 2016.
Wyalong has 518 properties. Over the last 5 years, Houses in Wyalong have seen a 50.89% increase in median value, while Units have seen a 36.68% increase. As at 30 November 2024:
- The median value for Houses in Wyalong is $255,343 while the median value for Units is $383,317.
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