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$440,000

52 William St, Candelo NSW 2550

House32
Block size: 559 m² approx.

GRAND INVESTMENT OPPORTUNITY

Not only do the numbers stack up as an investment for this property; you will be buying a piece of Candelo history that has been lovingly restored.  

This impressive structure has a long history in Candelo and the current owners have spent a number of years ensuring it will continue to be a key part of the Candelo architectural landscape for years to come.

With long term commercial tenants downstairs mid-way through a 3x3x3 lease and a great residential tenant upstairs who has been in place since 2014, this is as secure as an investment as you will find.

The downstairs is taken up by the Candelo Post Office and has a reception area, sorting rooms and PO Boxes. This area is separately metered from the upstairs unit.

Upstairs there is a four bedroom unit with renovated bathroom and lovely decks at the front and the back of the property. Given its size and location this is always going to be a popular rental. Alternatively you could reduce your mortgage by living upstairs whilst you rented downstairs.

At the back of the block there are also two good sized, secure sheds. The roof was replaced in 2012 and the current owners have been fastidious with maintenance. You can purchase this property with confidence in the structure of the building.

With gross annual income of over $23,000pa this is a brilliant way to get into the investment market.

Call today to arrange an inspection.
Features
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When to inspect

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Key details

Property Type:House
Block Size:559 *
Stamp Duty:$15,232*
*These are approximate values based on available information.

Past sales

Property History
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Elders Real Estate Bega

Maps and area information

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Block information
Block size: 559 (approx)
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What's nearby

Candelo Public SchoolPrimary School
0.2km
Bega High SchoolHigh School
16.3km
Bega District HospitalHospital
15.9km
Sapphire MarketplaceMajor Shopping Centre
16.6km
Sapphire Coast Anglican CollegeCollege
14.1km
Candelo Post OfficePost Office
0km

Repayments calculator

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            Property history
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            You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
            Property History
            14 Sep 2009
            Sold
            A$410,000
            Contract: 05/06/2009
            Transfer: 14/09/2009
            Block size: 1239m²
            Transfer type: Full transfer
            Purpose: Residential

            Suburb and property insights

            Median salesMedian sales
            Median Sale Price For Candelo
            A$419,500
            Average Age
            50 years
            Population
            686
            Candelo's Property Profile
            Candelo's Occupancy

            Contact agents

            Elders Real Estate Bega

            Elders Real Estate Bega

            View agency details
            Rod McDonaldElders Real Estate Bega
            Please send me information on 52 William St, Candelo NSW 2550
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            More sales listings from Rod McDonald

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            Listing ID: 176720180. This listing has been viewed 1240 times. It was first displayed on 08/05/2019 and last updated on 08/05/2019.