120 Warrah DriveCalala NSW 2340
Property Details for 120 Warrah Dr, Calala
Last Listing description (May 2020)
Burke & Smyth Commercial are pleased to offer for Sale as a whole 120, 122 & 124 Warrah Drive, Tamworth. These are newly constructed homes for people with a disability, with two of these homes built to meet the Fully Accessible Specialist Disability Accommodation requirements under the NDIS. The homes have been leased to Enlarge Living; and they work closely with Brighter Access who provide 24/7 Supported Independent Living to the participants who reside there. These are high yielding investments with a total net return of $347,000 Per Annum offering long term leases and good depreciation benefits.
- Net Income: $347,000 Per Annum
- Placed over 3 titles: 120, 122, 124
- Long term net leases: 10 x 5 x 5
- Strong depreciation benefits
- Quality location and position
- Circa 9.7% - 10% Net Return
**Please not these properties are only available as a whole package and not available for separate purchase**
Property History for 120 Warrah Dr, Calala, NSW 2340
- 24 Jan 2020Listed for Sale Auction - 18th February 2020
- 21 Feb 2019Sold for $175,000
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0About Calala 2340
The size of Calala is approximately 63.0 square kilometres. It has 5 parks covering nearly 0.1% of total area. The population of Calala in 2016 was 3927 people. By 2021 the population was 4577 showing a population growth of 16.6% in the area during that time. The predominant age group in Calala is 10-19 years. Households in Calala are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Calala work in a professional occupation.In 2021, 72.30% of the homes in Calala were owner-occupied compared with 70.10% in 2016.
Calala has 2,142 properties. Over the last 5 years, Houses in Calala have seen a 77.18% increase in median value, while Units have seen a 37.89% increase. As at 31 March 2026:
- The median value for Houses in Calala is $721,662 while the median value for Units is $358,716.
- Houses have a median rent of $600 while Units have a median rent of $405.
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