FOR SALE
$810,000 - $820,000

163 Baraang Drive
Broadwater NSW 2472

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 804m2
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THE OPPORTUNE INVESTORS DREAM

Looking for an investment with multiple potential revenue streams and an extraordinarily high rental yield?
Then look no further than this well presented and up to date home, complete with commercial residential title (Zone Ru5).
The 1900-built hardwood building has been completely renovated & bought into the modern age. It consists of two levels. With a three-bedroom home upstairs boasting polished timber floorboards, high ceilings, modern kitchen & an outside breakfast bar onto a large hardwood wrap-around verandah.
Currently set up for residential use with downstairs having the option of commercial use, the village of Broadwater is ripe for, and screaming to have, new commercial services for workers, residents, and tourists to engage with. Historically, the building has been a post office, an antique shop and a café/take-away store.
The 3rd section of the property has a 2 x 8x6 meter brick shed with power & water. There is the possible option of having a 3rd power meter installed making this section of the property ideal for a separate commercial rental to maximise rental income. Potential rental income $300+ p/w.
The shed has its own sub-board.
All 3 sections of the property are separately fenced.
Don’t be the one to delay and miss out, chances like these are few and far between!

Property Details for 163 Baraang Dr, Broadwater

163 Baraang Dr, Broadwater is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 804m2. The place is currently for sale with Wal Murray & Co First National - BALLINA.

Building Type
House
Land Size
804m2

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About Broadwater 2472

The size of Broadwater is approximately 59.3 square kilometres. It has 2 parks covering nearly 62.3% of total area. The population of Broadwater in 2011 was 436 people. By 2016 the population was 651 showing a population growth of 49.3% in the area during that time. The predominant age group in Broadwater is 50-59 years. Households in Broadwater are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broadwater work in a labourer occupation. In 2011, 68.6% of the homes in Broadwater were owner-occupied compared with 69.9% in 2016.

Broadwater has 461 properties.

    There are currently 12 properties listed for sale, and no properties listed for rent in Broadwater on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Broadwater.

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    Julie Casey
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    Wal Murray & Co First National - BALLINA
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