28 Azalea Avenue
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About this property
NOTE: Please send an email enquiry including your first and last name, email and phone number to receive an automated reply enclosing price information, figures and further details about purchasing process. A rare opportunity to secure a 1,113sqm block of three existing units with development approval in place for two additional dwellings, offering a clear pathway to a five-unit complex. This generous parcel is positioned just 1.5km from Wauchope's CBD and approximately 1.3km to the Wauchope Country Club, combining convenience with strong ongoing tenant appeal. Often referred to as the hinterland of Port Macquarie, Wauchope is experiencing growing demand from buyers seeking greater value and space while remaining closely connected to the coast, much like the way surrounding hinterland markets support lifestyle hubs such as Byron Bay. That momentum is also underpinning demand for well-located investment assets, with limited supply of unit blocks and development-ready sites making opportunities such as this increasingly scarce. This is a strategic investment opportunity with an established multi-dwelling asset, renovation benefits already realised, long-term tenancy providing stability, and DA approval secured for expansion to five units. - Block of 3x units on a single title - Approved for expansion to 5x units - 3 units leased - Large landholding with future upside - Positioned in a high-demand regional market, and offering a flexible strategy to hold, improve or develop. DISCLAIMER: All information contained herein has been obtained from sources deemed reliable; however, it has not been independently verified, and its accuracy is not guaranteed. Interested parties must make and rely on their own enquiries.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 3
- Parking
- 3
- Land Area
- 1113 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Wauchope
This 6-bedroom land in Wauchope, NSW 2446 sits within reach of public transport, local shops and nearby schools. It is listed 77% above the $860,000 median of 50 comparable landswithin 5 km.
Schools near Wauchope
- Beechwood Public Schoolprimary · K-6 · CoEd
- Huntingdon Public Schoolprimary · K-6 · CoEd
- Wauchope Public Schoolprimary · K-6 · CoEd
- Wauchope High Schoolsecondary · 7-12 · CoEd
What's nearby
- Cameron St Opp Tallowood Av (bus) — 295 m away
- Beaurepaires — 782 m away
- Lasiandra Park — 367 m away
- Cameron Street Park — 552 m away
- Landrigan Park — 922 m away
Wauchope at a glance
Full suburb profile- Population
- 6,589
- Median age
- 43
- Household income
- $1,114/wk
- Median rent
- $350/wk
- Median mortgage
- $1,517/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Wauchope price trend
Median sold · House 3 bed
Compound growth +3.9% / yr over 4 yrs
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Full Wauchope marketThis listing
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Listing price changes
1 price change recorded for this property
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