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55 Isabella Street, Wingham, NSW 2429, 2 Bedrooms, 2 Bathrooms, Apartment

$639,000

55 Isabella Street, Wingham, NSW 2429

2
2
2
341m2
341m2
ApartmentListed on Tue Apr 2
Price drop

Wingham 2 Bedroom HIGH YEILDING DUAL OCCUPANCY | TENANTED INVESTMENT

An amazing double investment opportunity in one. This unique property offers 2 secure incomes nestled in the heart of the thriving Wingham community. At the front of the building a spacious, street-facing shopfront with excellent visibility and foot traffic.

Secure an approx. 6.85% Return -

55 Isabella Street (Shop)

Income: $1950.00 per month inc GST (Rent)

Commercial Lease Term: 24 month until 14/03/2026

The property is separately tenanted.

55a Isabella Street (Flat)

Income: $390.00 per week (Rent)

Outgoings: $1,309

(Water included in rent)

Residential Lease Term: 2 month until 12/08/2024

The entire building has been tastefully renovated by the current owners. Solar Power System is installed. The 2-bedroom unit is spacious with a modern kitchen & bathroom. Also offering a single garage downstairs

Investing in this property means securing a dual-income stream, offering long term secure leases on both residence and shop front returning a combined $43,680/annum provides an excellent return on your investment.

Don't miss the chance to own a piece of prime real estate with this alluring combination of business potential and residential comfort.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$118,000
Land341m²
Planning ZoneLocal Centre
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio0.85
Height of Building8.5 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Wingham Brush Public School
0.28 km
Primary
K-6
Government
icsea: 904
Wingham High School
0.74 km
Secondary
7-12
Government
icsea: 923

Property history

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Wingham surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
10 Primrose Street, Wingham
0.39 km
5
2
-m2
Year 2024 Month 12 Day 03
-
Council approved
50 BENT ST, Wingham
0.11 km
1
1
190m2
Year 2024 Month 08 Day 13
$355,000
Council approved
3/1 Ruth Street, Wingham
0.36 km
2
1
-m2
Year 2024 Month 08 Day 05
$365,000
Council approved
44 COMBINED ST, Wingham
0.24 km
3
1
-m2
Year 2024 Month 07 Day 31
$434,000
Council approved
43 COMBINED ST, Wingham
0.93 km
3
1
-m2
Year 2024 Month 07 Day 15
$385,000
Council approved

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Ref:18379Last update:2024-11-01 04:26:11