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Overview
This unique property presents a rare dual living opportunity situated in one of Wagga Wagga's most desirable locations. It is ideal for investors, extended families, or anyone seeking to maximize rental returns through flexible living arrangements.
The property comprises two separate residences on a single block, offering excellent income potential and versatility. Both homes have been thoughtfully renovated to provide comfortable and modern interiors.
Located in the prime hospital precinct, this dual occupancy property benefits from a strong rental market and convenient access to essential amenities and services.
The first residence at 44 Gormly Avenue features three bedrooms, two bathrooms, and a single car parking space. It is currently leased fully furnished at $845 per week, providing immediate rental income.
The second residence, 44A Gormly Avenue, offers two bedrooms, one bathroom, and a single car parking space. This home is also leased fully furnished at $630 per week, adding to the overall investment return.
The combined land size of 574 square meters provides ample space for outdoor living and potential future enhancements. Annual land rates are approximately $2,649.77.
This property represents an exciting opportunity with significant potential in the heart of Central Wagga. Its dual living configuration offers excellent flexibility for a variety of buyers and investors.
Prospective purchasers are encouraged to conduct their own independent enquiries to verify all information. Images used for marketing may have been digitally enhanced.
Local Market Insights
In Wagga Wagga, Quiet Listings observed 61 new houses entering the market over the last 30 days, up from 51 during the previous 30-day period, with an average advertised asking price of $784,574. The property type mix of listed properties is predominantly Houses at 62%, followed by commercial properties (12%), and units (8%). Fitzpatricks Real Estate Wagga Wagga was the most active agency in this area, representing 21.5% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Wagga Wagga NSW 2650
Market Insights for Wagga Wagga NSW 2650
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
