74-76 Neeld StreetWyalong NSW 2671
Property Details for 74-76 Neeld St, Wyalong
Last Listing description (July 2023)
EXCLUSIVE TO MHB
Freehold Passive Investment Hotel Sale
The Top Town Tavern, Wyalong
Fantastic regional NSW hotel - It`s all here!
Key Features:
* 7.8% (approx.) Buyers Yield
* Long 28 x year Lease with excellent tenant in place
* Only hotel in the thriving regional town of Wyalong
* $56,574.00 ex GST rent per annum
* Well-presented with recent refurbishments
* Public bar, TAB, lounge, bistro, commercial kitchen
* Large undercover outdoor area
* Brand new spacious function space
* Outstanding 3 x bedroom + 2 x bathroom free-standing residence
* Situated upon approx. 2,023m2 of B1 Neighbourhood Centre Zoned land
* Proven performer
* Well patronised by loyal locals
Contact Dan McDonald at MHB direct on 0437 838 368 and inspect with total confidence!
Property History for 74-76 Neeld St, Wyalong, NSW 2671
- 05 Jul 2023Sold for $725,000
- 23 Sep 2022Sold for $2,300,000
- 09 Nov 2017Listed for Sale EOI Closing 28/3/2018
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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 62.77% increase in median value, while Units have seen a 38.34% increase. As at 31 October 2024:
- The median value for Houses in Wyalong is $252,506 while the median value for Units is $384,799.
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