25 Nandewar Street, NARRABRI NSW 2390

WELL-MAINTAINED BLOCK OF 5 UNITS RETURNING A 7.65% YIELD

Block Of Units Sold - NARRABRI NSW

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. Owners will consider all reasonable offers

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.