$750,000
7 Bed • 5 Bath • 6 Car • 1012m²
New
25 Nandewar Street, Narrabri NSW 2390
$750,000
- 7Bed
- 5Bath
- 6 Car
- 1012m²
Block of Units for sale
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What's around Nandewar Street
Block of Units description
“WELL-MAINTAINED BLOCK OF 5 UNITS IN A GOOD AREA!!”
Check out this block of units sitting on a spacious 1012 sqm block in a well situated, quiet, family-oriented area! It is walking distance to schools, public transport and a corner shop and a 3-minute drive to the CBD. With rental properties in the thriving town of Narrabri in extreme demand, this well-maintained block of units is a fantastic opportunity for investors returning a healthy 7.65*% yield.
There are 2 x 2 bedroom units and 3 x 1 bedroom units, all fully tenanted.
• The lounge rooms are carpeted with ceiling fans, split systems and vertical blinds.
• Kitchen with vinyl wood-look flooring, pantry, electric stovetop and oven.
• The 7 bedrooms are carpeted with built-ins, split-systems, vertical blinds and ceiling fans.
• There are 5 tiled bathrooms, with a shower over bath, toilet and vanity.
• Internal laundry set-up in the kitchen (units 1-4).
• External laundry for unit 5.
• 3 x carports plus additional parking space.
• Small garden shed.
• Rear lane access.
• Units have been fully re-plumbed ($6,000 spent)
• Freehold.
Rental Income: $61,200.00 pa
• Unit 1 $210 p/w
• Unit 2 $220 p/w
• Unit 3 $300 p/w
• Unit 4 $250 p/w
• Unit 5 $175 p/w
Outgoings:
• Insurance $5,500 pa *
• Rates $4,500 pa *
• Lawns & Yard Maintenance $66.00 *
*approximate
This property offers an excellent opportunity for those looking to invest or you could convert it into a multi-generational living space. Don't wait any longer, get in touch with us today to schedule a private inspection and claim this incredible property for yourself.
Property features
Toilets: 5
Land details
What's around Nandewar Street
Inspection times
Contact the real estate agent
Kim Rozendaal
KR Property
Send an enquiry
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