2/23 Kavanagh St, Goulburn NSW 2580

Currently leased until April 2021 to a great tenant this beautiful property offers the savvy investor a great opportunity to purchase a new home with a tenant already in place.

*This property has not been sold since construction. Under the new property developers 6 month grace period, full depreciation entitlements can be claimed if purchased prior to November 1st 2020

The current rental income is $21,320 per annum with potential to increase due to high demand and extremely low vacancy rate (currently 0.66%)
Goulburn has a population of 22,418 people of which 28.62% of its occupants live in rental accommodation. With more people working from home now than ever before, residents from Canberra have begun to take advantage of Goulburn’s housing affordability and quieter lifestyle making demand for rental properties even higher. It is estimated 17% of resident workers of Goulburn work outside the local area. As the high cost of living in Canberra continues to grow it is expected more people will choose to live in Goulburn and commute to work in Canberra.
It is estimated by .id that Goulburn’s population will enjoy a 16% growth between 2020 – 2036 suggesting continued growth for the foreseeable future.

Situated in a high growth area in popular North Goulburn, just 1.5km from the upcoming *Mistful Park Shopping Centre (currently under construction), this property should enjoy many years of full occupancy.

*A state of the art child care centre has recently opened complete with a school bus drop off / pick up zone situated at the front. A modern 100-seat restaurant with drive through facilities has also recently opened. The shopping complex plans to have a supermarket, 6 boutique stores, car wash, petrol station, recreational area and more (expected completion 18-24 months

NEAREST AMENITES
• Lilac Child Care 1.1km
• Upcoming *Mistful Park Shopping Complex 1.5km
• Jump Start Early Learning 1.6km
• K&G’s Restaurant and drive-through 1.7km
• River walking trail 1.9km
• Historic Waterworks Park and BBQ’s 2.2km
• River Heights Child Care 2.3km
• Mulwaree Secondary School 2.2km
• Goulburn Police Academy 2.2km
• Goulburn Public School 3.2 Km
• Goulburn Base Hospital 3.6km
• Heart of Goulburn CBD 3.8k

For more information or to arrange a viewing of the property please contact Julie on 0422 438 805 or email [email protected] A virtual viewing can be arranged on request.

COVID 19 information
To ensure the ongoing safety at inspections the following conditions must be satisfied:
Visitors must not have been in a declared hotspot within the last 14 days.
Visitors that feel unwell should not attend.
1.5m social distancing should be maintained during inspections
Access will be limited to no more than 1 person per 4 square metres.
Face masks and hand sanitiser are available for customer use

All above statistical information was correct at time of writing 5th August 2020
Sources:
BMT Tax depreciation Brochure: Essential facts: 2017 Budget property depreciation legislation changes
AU property Report
Real Estate Investar
Lindeman Reports
Corelogic
.id
Whereis.com.au


DISCLAIMER: Much of the information provided for this property has been provided to Agent 2580 from third parties. Although provided in good faith this information should not be solely relied upon. You should make your own enquiries and seek legal advice in respect to this property.

WARNING: Any financial or investment advice provided by the Agent is of a general nature only, whose preparation does not take into account the individual circumstances, objectives, financial situation or needs of the person. You are advised to consult with your own independent financial and/or investment adviser.