2 & 4 Simpson Lane, Wellington, NSW 2820

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  • 4
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Consider this investment opportunity.

On offer are 4 × 3 bedroom units/duplex being sold in one line.

This investment would suit the astute buyer where you have 4 separate incomes streams.

These units are air conditioned with a well sized lounge room, galley style kitchen with adjacent dining area while each bedroom could accommodate a Double to Queen bed with built ins in the main bedroom.

We do see potential for the next owner to add roller doors to the open garages

The total allotment size is around 1,750 square metres in area with each duplex having it’s own well fenced rear yard around 80m2 in addition to the front yard.

Each unit has separate power meters plus separate water meters in addition to the council main water meter.

Currently return is $860pw or $44,720 per annum.

Here is your opportunity to buy while interest rates are at record lows and receive a return that is around 7%, try getting that from a bank these days.

Inspections are arranged by calling Gary Francis on 0428 459 830 and must comply with Covid19 inspection criteria.

  • Images reflect properties at the time when the photos were taken or in some cases at an earlier point to accommodate the privacy of the tenant or owner. Seasonal changes & maintenance can affect the current presentation and prospective purchasers are urged to use them as a guide only.

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Property Info:
  • Property ID: L4114733
  • Property Type: DuplexSemi-detached
  • Garages: 4
  • Land Area: 1700.0 sqm
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R&H Suburb Profile: Wellington

R&H Suburb Summary Houses
Number of sales 179
Average Price $205,617
Median Price $195,000
Median Rental Price $350 p.w.
Change in Rental Rate (5yr) 52 %
R&H Suburb Summary Units
Number of sales 2
Average Price $172,500
Median Rental Price $295 p.w.
Change in Rental Rate (5yr) 64 %
Wellington, NSW - Median Trend