FOR SALE
$2,300,000 to $2,500,000

2 Narang Road
Bomaderry NSW 2541

Bedrooms: 15
Bathrooms: 5
Car spaces: 5
Land area: 4296m2
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Uncover a Unique Investment Opportunity

Embrace the extraordinary with this exclusive 1 acre villa complex offer. Imagine owning your own complex featuring five existing villas, and the added bonus of Development Approval for two more.
Currently, all five villas are leased, generating a combined weekly income of $2,060, boasting an impressive approximate yield of 4.6%. But that's just the beginning.
These established villas, now 24 years old, present an exciting canvas for renovation and upgrades. You have the power to enhance their capital value while boosting your yield even further.
With an eye on the future, this investment doesn't stop at the existing properties. The approved expansion plans mean you can dream bigger and broaden your portfolio, securing solid returns for years to come.
Don't miss out on this exceptional opportunity, a solid investment with future expansion Contact Rachel Lea at 0417493703 for comprehensive details. It's time to turn your property investment dreams into reality or build on your existing portfolio.

Property Details for 2 Narang Rd, Bomaderry

2 Narang Rd, Bomaderry is a 15 bedroom, 5 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 4296m2. The place is currently for sale with CENTURY 21 Signature Realty - Nowra & Callala Beach.

Building Type
BlockOfUnits
Land Size
4296m2

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About Bomaderry 2541

The size of Bomaderry is approximately 8.3 square kilometres. It has 25 parks covering nearly 12.1% of total area. The population of Bomaderry in 2011 was 6,566 people. By 2016 the population was 6,676 showing a population growth of 1.7% in the area during that time. The predominant age group in Bomaderry is 60-69 years. Households in Bomaderry are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bomaderry work in a trades occupation. In 2011, 65.5% of the homes in Bomaderry were owner-occupied compared with 62.7% in 2016.

Bomaderry has 3,810 properties.

    There are currently 18 properties listed for sale, and 3 properties listed for rent in Bomaderry on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Bomaderry.

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    Rachel Lea
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    CENTURY 21 Signature Realty - Nowra & Callala Beach
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