40 Cullen Road, Wagga Wagga, NSW 2650 | House for sale | OnTheHouse
 
FOR SALE
$1,150,000

40 Cullen Road
Wagga Wagga NSW 2650

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Land area: 715m2
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6% Return. Exceptional Dual-Residence Investment

An exceptional opportunity has arrived on the market, offering flexibility, strong returns, and long-term potential. This unique property includes not just one, but two separate homes on a single title - an ideal setup for dual rental income, multi-generational living, or a live-in-one, rent-the-other scenario.
Centrally positioned in the heart of Wagga Wagga's medical precinct, this property is highly appealing to medical professionals and hospital staff. With each residence leased for $650 per week, the combined income of $1300p/w is significant, making this a compelling investment proposition.
The original home has been extensively renovated and offers a comfortable, low-maintenance lifestyle. It features two well-appointed bedrooms with built-in wardrobes (one with ensuite & WIR), a separate living room, and a modern kitchen / dining area. A second toilet adjoins the internal laundry, while gas heating and evaporative air conditioning provide year-round comfort. At the rear, an open and private outdoor space adds to the home's appeal.
The second residence is a brand new, thoughtfully designed two-bedroom home. It boasts a spacious open-plan layout with a light-filled living and dining area, a sleek contemporary kitchen fitted with quality appliances, ample storage, and a breakfast bar. A European-style laundry is discreetly integrated, while double-glazed windows offer both energy efficiency and peace and quiet. This property includes split system heating and cooling, ensuring comfort in every season.
Both homes are being sold fully furnished, providing a true turnkey solution for investors or owner-occupiers alike. With a total of four bedrooms, four bathrooms, and three dedicated car spaces, this is a rare and valuable offering in one of Wagga Wagga's most tightly held locations.
Whether you're a savvy investor, a growing family seeking separate spaces, or someone looking to live in one home while generating income from the other, this property presents a unique and rewarding opportunity.
Don't miss your chance to secure a premium investment in sought-after Central Wagga Wagga - opportunities like this are few and far between.
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Property Details for 40 Cullen Rd, Wagga Wagga

40 Cullen Rd, Wagga Wagga is a 4 bedroom, 4 bathroom House with 3 parking spaces. The property has a land size of 715m2. The place is currently for sale with PRD Real Estate Wagga Wagga.

Building Type
House
Land Size
715m2
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About Wagga Wagga 2650

The size of Wagga Wagga is approximately 8.9 square kilometres. It has 13 parks covering nearly 21.0% of total area. The population of Wagga Wagga in 2016 was 7104 people. By 2021 the population was 7198 showing a population growth of 1.3% in the area during that time. The predominant age group in Wagga Wagga is 20-29 years. Households in Wagga Wagga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wagga Wagga work in a professional occupation.In 2021, 44.80% of the homes in Wagga Wagga were owner-occupied compared with 45.50% in 2016.

Wagga Wagga has 6,105 properties. Over the last 5 years, Houses in Wagga Wagga have seen a 72.50% increase in median value, while Units have seen a 86.36% increase. As at 31 October 2025:

  • The median value for Houses in Wagga Wagga is $606,108 while the median value for Units is $390,761.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 83 properties listed for sale, and 52 properties listed for rent in Wagga wagga on OnTheHouse. According to Cotality's data, 223 properties were sold in the past 12 months in Wagga wagga.

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Ryan Smith
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Bee Anderson
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PRD Real Estate Wagga Wagga
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