SoldJun 14, 2025

95/97 Nelson Street, Wallsend, NSW, 2287

$630,000

3
2
2
60 m²
200 m²

Townhouse

30+ days on the market

Sold: Jun 14, 2025

What's around 95/97 Nelson Street

Dual Income Investment for the Portfolio

Comprising of both a commercial space and a residential apartment, this main street property will be suitable for a variety of purchasers. The opportunity lends itself to an investor to benefit from a dual income OR a fantastic chance for a business to occupy the ground floor (when vacant) and keep a passive income from the first floor The residential apartment consists of three bedrooms, single bathroom, and parking onsite. The Commercial space does have onsite parking and is approx. 60m2 internally. Tenancy 1 (Ground floor commercial) $550 per week (2 year lease ending May 2027) Tenancy 2 (First floor residential) $270 per week (expired) TOTAL = $820 per week Residential lease is conservative and invite a review to the incoming investor. Rental market appraisal value Tenancy 2 (First floor residential) $325 per week Zoning: B2 Local Centre Located in the CBD of Wallsend, this opportunity will not last long. Contact Jesse Mulligan on 0432 160 186 for more information or to arrange a property viewing. DISCLAIMER We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy.

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