32 Maughan StreetWellington NSW 2820
Property Details for 32 Maughan St, Wellington
Last Listing description (May 2019)
The zoning is B2 and is currently divided into Four individual premises, the fascia of the property has been recently renovated giving it a much-needed facelift and the internal buildings have had some renovations too.
The buildings are all leased returning $36,660 per year which is a 10.4% return on investment. The tenants are all in current leases with no desire to leave. There are 3 businesses, and a small residential flat at the rear.
The position is perfect, being across the road from the post office and next to the Woolworths and Coles carparks, making parking for the business a breeze.
Property History for 32 Maughan St, Wellington, NSW 2820
- 24 Jun 2021Sold for $300,000
- 10 May 2019Listed for Sale $350,000
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About Wellington 2820
The size of Wellington is approximately 15.9 square kilometres. There are 9 parks, covering nearly 1.6% of the total area. The population of Wellington in 2016 was 4077 people. By 2021 the population was 4096 showing a population growth of 0.5% in the area during that time. The predominant age group in Wellington is 0-9 years. Households in Wellington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wellington work in a community and personal service occupation.In 2021, 59.20% of the homes in Wellington were owner-occupied compared with 57.70% in 2016.
Wellington has 2,468 properties. Over the last 5 years, Houses in Wellington have seen a 92.01% increase in median value, while Units have seen a 107.16% increase. As at 31 July 2026:
- The median value for Houses in Wellington is $371,451 while the median value for Units is $504,564.
- Houses have a median rent of $445 while Units have a median rent of $250.
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