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