FOR SALE
$451,000

453 Maher Street
Deniliquin NSW 2710

Bedrooms: 8
Bathrooms: 4
Car spaces: -
Land area: 1012m2
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Calling all investors to this 7% opportunity

Are you on the lookout for a robust addition to your investment portfolio? Consider this enticing offering four two-bedroom units, each currently leased and collectively generating $31,720 p.a. This package represents an ideal turn-key solution for investors who desire a reliable and steady income stream with minimal hassle. Each unit boasts a generously sized open-plan living area, complete with elegant timber floorboards, neat electric kitchen and split system air-conditioning. The master bedroom in each unit is surprisingly large, providing a rare spaciousness not often found in typical units, along with bedrooms being carpeted and built-in wardrobes. The grounds include an exceptionally wide driveway allowing ample access for each tenant along with a communal backyard and laundry for tenant use. The location of the units is highly desirable with Scotts Park, TAFE, Swim Centre, CBD and health services all within 700m.
This investment is not just about immediate returns, which are impressive on their own, but also about ease of management and potential for capital appreciation. The consistent leasing history provides a glimpse into the ongoing demand and stability of income, a key consideration for any property investor. Furthermore, each unit's modern features and thoughtful layouts make them continuously attractive in the rental market, ensuring long-term tenancy and profitability.

Property Details for 453 Maher St, Deniliquin

453 Maher St, Deniliquin is a 8 bedroom, 4 bathroom Unit. The property has a land size of 1012m2. The place is currently for sale with Big River Real Estate.

Building Type
Unit
Land Size
1012m2

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About Deniliquin 2710

The size of Deniliquin is approximately 965.6 square kilometres. It has 41 parks covering nearly 1.3% of total area. The population of Deniliquin in 2011 was 7,493 people. By 2016 the population was 7,840 showing a population growth of 4.6% in the area during that time. The predominant age group in Deniliquin is 50-59 years. Households in Deniliquin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Deniliquin work in a professional occupation. In 2011, 68.5% of the homes in Deniliquin were owner-occupied compared with 68% in 2016.

Deniliquin has 5,017 properties. Over the last 5 years, Houses in Deniliquin have seen a 79.42% increase in median value, while Units have seen a 76.03% increase. As at 31 July 2024:

  • The median value for Houses in Deniliquin is $320,237 while the median value for Units is $299,624.
  • Houses have a median rent of $375 while Units have a median rent of $220.
There are currently 77 properties listed for sale, and 4 properties listed for rent in Deniliquin on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Deniliquin.

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Jesse Taylor
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Angela Carmichael
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Big River Real Estate
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