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Back 40 Cullen Rd
Off Market

40 Cullen Rd

Wagga Wagga NSW 2650

4
4
3
715 m²
House
Last sold for $1,050,000
Ryan SmithRyan Smith, last sold this property on 08 December 2025 after 117 days on market.

Overview

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. Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without a price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing. https://prdwagga.com.au/privacy-policy//

Features

4 bedrooms
4 bathrooms
3 carspaces
3 garage spaces
715 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Wagga Wagga over the last 12 months, the estimated median property value of 40 Cullen Rd is $950k.

Median value
$950k
Estimated value range
$1 - $2.15m
Median days on market
56
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wagga Wagga. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40 Cullen Rd

2025
Sold
$1,050,000
08 Dec 2025 by Ryan Smith, of PRD Wagga
2023
Rented
Undisclosed
Leased on 26 Jun 2023 by Ray White Wagga Wagga
2023
Rented
Undisclosed
Leased on 26 Jun 2023 by Ray White Wagga Wagga

Happy sellers in Wagga Wagga

83%
83% of sellers in Wagga Wagga reported that their sale price either exceeded or met their price expectations.

Wagga Wagga stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Wagga Wagga over the last 12 months.

Local market activity for 4 bedroom houses in Wagga Wagga

In the last 12 months, 29 four-bedroom houses similar to 40 Cullen Rd, have been sold.

This represents a 21% decrease in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wagga Wagga

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Harry Mangelsdorf

Sellers who recommend Harry Mangelsdorf have praised them for being clear communication, local expert, friendly, well-prepared, easy to work with, stress-free process and pleasant

  •   5   (105 reviews)
  •  6 Reviews in Wagga Wagga
  •  8 Sales in Wagga Wagga
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Rebecca Jones

Rebecca Jones is a recommended agent for Wagga Wagga.  They have 5 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (34 reviews)
  •  4 Reviews in Wagga Wagga
  •  5 Sales in Wagga Wagga
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Mark Macarthur

Mark Macarthur is a recommended agent for Wagga Wagga.  They have 5 local sales and collected 4 local reviews across the last 12 months.

  •   5   (79 reviews)
  •  4 Reviews in Wagga Wagga
  •  5 Sales in Wagga Wagga
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Gill Davies

Sellers who recommend Gill Davies have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and stress-free process

  •   5   (205 reviews)
  •  3 Reviews in Wagga Wagga
  •  2 Sales in Wagga Wagga
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