Located in the heart of Wagga Wagga just 5 mins north of CBD. Wagga Wagga is the economic hub and regional centre of NSW. Wagga has approx. 65,000 residents, with a total regional catchment of 190,000 persons.
Property location is:
- 10 mins drive to major shopping centre Sturt Mall
- 10 mins to Wagga Beach on the banks of the Murrumbidgee River
- Midpoint between Sydney and Melbourne = cost affective connectivity
- Lower living and business operating costs = highly competitive financial environment
Growth?
- Capital growth 6.3%
- Future Public Infrastructure Investment over next 10 years $1.3 Billion
- Future Private Investment over next 10 years $77Million
- Population expected to grow by more than 19% by the year 2036
Lifestyle:
- 2 Tertiary facilities
- 3 High Schools
- 23 Primary schools
- 34 Pre-schools
- 9 shopping districts
- 110 parks
This Opportunity: DUAL OCCUPANCY WITH SECONDARY DWELLING
ADDRESS: Lot 371 – 20 Morris Crescent, ‘Estella Rise’ Gobbagombalin – Wagga Wagga
Land: 758m2 Land Price: $135,000 Registered
Dual: total of 6 beds, 3 baths, 3 living, 2 cars
Total size of dual: 234.5m2 Build Cost: $345,000
Main Dwelling: 4 beds, 2 baths, 2 living, 1 car – size 147m2
Secondary Dwelling: 2 beds, 1 bath, 1 living, 1 car – 87.5m2
Inclusions:
Please refer to full inclusions list in this listing OR request this be supplied to you –
- Water, electricity, phone, sewer, gas connections
- Face brick veneer
- Two RV cycle air cons
- Security screens on all external doors
Rental Estimate: $640 to $670 per week total income – see letter provided
Vacancy Rate: for this suburb 2.4%
TO PURCHASE:
Two contract purchase – only pay Stamp Duty on Land price! Land Contract + Building Contract direct with builder
Expression Of Interest on specific form which we will provide
Initial holding deposit payable at signing the Expression of Interest of $1000
Finance Approval: within 21 days of contract date
Land settlement: 14 days from finance approval
Building timeframe: 12-14 weeks + Council Approval 4 weeks
Progressive Construction Loan: 6 stage claims
Full Information supplied to Lender
Please request full information brochures and additional supporting information on growth, rental and inclusions.
TOTAL PACKAGE PRICE: $480,000
Kaye Tilley 0418 823 046