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Overview
Looking for your next renovation project with serious upside? This property presents a unique opportunity set on a substantial block of approximately 2,790 square meters spread across two titles, offering significant potential for those with vision and ambition.
This large property invites investors, builders, or buyers to consider renovation, rebuilding, or exploring future development possibilities subject to council approval. The scope for value adding is remarkable and rare in the current market.
The existing home is sizable and ready for transformation, making it an ideal project for anyone eager to create a special residence or investment. The generous land size provides flexibility and abundant room to add substantial value through various improvements.
Additional features of the property include a garden shed and fully fenced grounds, enhancing usability and security. With two parking spaces available, convenience is assured.
Set in the sought-after Wellington area of New South Wales, this property holds great promise for those willing to capitalize on the possibilities it offers. Such opportunities are increasingly scarce, making this a worthwhile consideration for discerning buyers.
This guide provides an overview of the key information; it is recommended that prospective buyers conduct their own enquiries and inspections to fully assess the property’s potential.
Local Market Insights
In Wellington, Quiet Listings observed 15 new houses entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $432,333. The property type mix of listed properties is predominantly Houses at 71%, followed by home for sales (24%), and land (5%). Ray White was the most active agency in this area, representing 73.3% 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
Wellington NSW 2820
Market Insights for Wellington NSW 2820
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