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17 - 21 McDonald Lane and 51 Doyle Street, NARRABRI NSW 2390

Sold $1,180,000
Description

PERFECT TIMING - FOR THE ASTUTE INVESTOR

Block Of Units Sold - NARRABRI NSW

NOW is the time to get into the bubbling Narrabri property market. This is an incredible investment opportunity to purchase 3 x 3 fully furnished bedroom units and a freestanding 3-bedroom furnished home, all strata titled, in a town that is currently experiencing strategic growth, backed by a strong economic forecast and approved large scale projects.

Currently, all units and the house are leased to a long-term commercial client, with over 17 months remaining on the lease and a likelihood of extending again.
β€’ Renting at $2,365 per week, yielding 9.8% gross
β€’ Owner pays for the water; units are separately metered.
β€’ Rates are approximately $2,127.00 per annum per unit/house.

Three x 3-bedroom modern, furnished, highset brick with cladding units offering the following:
Downstairs:
β€’ Double carport on a concrete slab with power.
β€’ Screened tiled entry.
β€’ 3rd bedroom or second living space with a split-system and block-out blinds.
β€’ Tiled laundry with storage and a separate toilet. External access.
β€’ Grassed courtyard access to each unit.
β€’ 3 rainwater tanks 1100L with pump.

Upstairs:
β€’ Open plan light filled kitchen, dining and lounge with a split system.
β€’ Kitchen is fully equipped with a breakfast bar, soft closing drawers, dishwasher, gas stove top and oven, pantry and double sink.
β€’ Living area has sliding doors that open onto an undercover front deck.
β€’ 2 carpeted bedrooms upstairs with built-in wardrobes, TV outlet, block-out blinds with overhead fans.
β€’ Two-way tiled bathroom with gas hot water, a shower, vanity and toilet.

51 Doyle Street:

β€’ Front yard with picket fence and double carport with internal access.
β€’ New colour bond roof and a front veranda.
β€’ New flooring, paint and evaporative-air conditioning.
β€’ Bedroom 1 with carpet and a walk-in robe.
β€’ Bedroom 2 with carpet.
β€’ Carpeted lounge area with a fireplace.
β€’ Dining area with vinyl wood-look flooring.
β€’ Kitchen comes with a breakfast bar, freestanding stove and oven with a range hood, pantry and double sink.
β€’ Rumpus room with carpet and an overhead fan looking out to the enclosed back yard.
β€’ Tiled laundry, separate toilet and bathroom with a vanity and shower.
β€’ Large internal storage room with direct access to the carport.
β€’ Rainwater tank plumbed to the kitchen.

These strata properties are within close walking distance to town, pubs, cafΓ©’s, sporting fields and schools.

Property Features
  • Block Of Units
  • 12 bed
  • 4 bath
  • 8 Parking Spaces
  • Land is 1,667 m²
  • 7 Toilet
  • 8 Carport
Agent Info
Avatar photo
Kim Rozendaal

0407 835 207
kim@krproperty.com.au

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