122 Warrah DriveCalala NSW 2340
Property Details for 122 Warrah Dr, Calala
Last Listing description (April 2020)
Burke & Smyth Commercial are pleased to offer for Auction as a whole or separately 120, 122 & 124 Warrah Drive, Tamworth. These are newly constructed homes for people with 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 offering long term leases and good depreciation benefits.
-Current lease term: 10 years + 5 years + 5 years
-Outgoings: Paid by the tenant
-Annual Increase: CPI
-Circa 9 - 9.5% Net Return
-Tenant: Enlarge Living Group Pty Ltd
-Land Size: 709m2
Property History for 122 Warrah Dr, Calala, NSW 2340
- 24 Jan 2020Listed for Sale Auction - 18th February 2020
- 05 Jul 2018Sold for $165,000
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About 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 2,139 properties. Over the last 5 years, Houses in Calala have seen a 76.62% increase in median value, while Units have seen a 50.60% increase. As at 28 February 2026:
- The median value for Houses in Calala is $704,542 while the median value for Units is $371,726.
- Houses have a median rent of $590 while Units have a median rent of $450.
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