FOR SALE
$840,000

31 Deakin Street
Kurri Kurri NSW 2327

Bedrooms: 4
Bathrooms: 4
Car spaces: -
Land area: 602m2
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Make Money While You're Sleeping...

Looking for a solid return PLUS capital growth? Hard to find, right? Look no further.
31 Deakin Street is on 602m2 and comprises 4 x studio apartments achieving more than $54,000 per annum gross combined.
Vacancy factor is almost ZERO due to current rental market conditions and these are perfect for single working people who don't want share accommodation.
Rarely do these high yield investment gold-mines become available, especially fully refurbished (in 2018) and with a quality tenant base that aren't causing any headaches!
All units have an the same floor plan approx. 35m2 each and comprise kitchen, bathroom, laundry and living/bedroom. Each resident has their own entry and front and rear veranda's to enjoy.
Low outgoings and NO strata fees, these are not strata title.
Easy-care grounds just need a mow once a month or so, and we have a local yard care crew available on request.
Excellent long term Property Manager can continue doing a great job for you; or you can manage these yourself if that appeals.
This will be a truly seamless transition into an income-generating, positive geared investment that will see your nest egg grow exponentially - better than a bank!
NOTE: 29 Deakin St SOLD - 481m2 corner lot and comprising 3 x studio apartments achieving more than $40,000 per annum gross combined.
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Property Details for 31 Deakin St, Kurri Kurri

31 Deakin St, Kurri Kurri is a 4 bedroom, 4 bathroom BlockOfUnits. The property has a land size of 602m2. The place is currently for sale with Osborn Real Estate.

Building Type
BlockOfUnits
Land Size
602m2

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About Kurri Kurri 2327

The size of Kurri Kurri is approximately 5.2 square kilometres. It has 12 parks covering nearly 8.1% of total area. The population of Kurri Kurri in 2011 was 5,771 people. By 2016 the population was 6,040 showing a population growth of 4.7% in the area during that time. The predominant age group in Kurri Kurri is 20-29 years. Households in Kurri Kurri are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kurri Kurri work in a trades occupation. In 2011, 64.7% of the homes in Kurri Kurri were owner-occupied compared with 62.1% in 2016.

Kurri Kurri has 3,154 properties.

    There are currently 10 properties listed for sale, and 3 properties listed for rent in Kurri kurri on OnTheHouse. According to CoreLogic's data, 180 properties were sold in the past 12 months in Kurri kurri.

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