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Property Details

25 Nandewar Street, Narrabri NSW For Sale - FOR SALE $565,000

  • Other
  • 1012 m2
  • 7
  • 5
  • 4
ID: #18329439

POSITIVELY GEARED INVESTMENT

Situated in a reputable location within close walking distance to town, schools and churches, this tidy complex of 5 units comprises of 3 x 1 bedroom units and 2 x 2 bedroom units with rear lane access, 4 carports, 2 store rooms & 2 rainwater tanks.
Unit 2, 3, 4 have been refurbished and have new bathrooms and built-in robes. The units have split-systems and overhead fans.

With an income of $920.00 per week and annual CPI increases this investment property currently returns 8.5% at the listing price. With further improvements, this return has the possibility to increase significantly.

The regional future looks tremendous with mining continuing to grow, gas awaiting final approval as well as the major inland rail terminal going through Narrabri. This market is set to provide a continuing source of demand.



 

Property Features

  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Garden

Property Location
View below or view on Google Maps


Agent Information

Kim Rozendaal