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41-45 Kyogle Road
Kyogle NSW 2474

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 3724m2
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CALLING ALL INVESTORS

Attention all astute investors! Introducing 41-45 Kyogle Road, Kyogle, NSW, 2474—a remarkable block of units boasting an impressive investment opportunity with an attractive rental yield.
Positioned on a sprawling 3000 square metre parcel of land, this offering comprises three well-maintained units, each featuring 2 comfortable bedrooms, a pristine bathroom, and dedicated carport parking. The units are complete with open plan living spaces and air-conditioning, ensuring tenant comfort throughout the changing seasons.
Currently generating a robust income of approximately $1,050 per week, this property presents a lucrative addition to any investment portfolio or self-managed super fund. The icing on the cake is the inclusion of a vacant block on the title, presenting an invaluable chance for expansion and further development, subject to council approvals.
Investors will appreciate the low maintenance aspect of this property, with no body corporate to worry about. The convenient location also means that tenants are just a short 5-minute stroll from the heart of Kyogle's Central Business District, with its array of shops, cafes, and amenities.
Don't let this rare opportunity to enhance your investment prospects pass by. With ample potential for growth and solid returns, this is a strategic investment for the discerning buyer.
Ready to discover the potential of 41-45 Kyogle Road? Schedule your inspection today by contacting Simon on 0402 706 565. Let's unlock the door to your next successful investment.
Property Code: 1516

Property Details for 41-45 Kyogle Rd, Kyogle

41-45 Kyogle Rd, Kyogle is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 3724m2. The place is currently for sale with Kyogle Real Estate.

Building Type
BlockOfUnits
Land Size
3724m2

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About Kyogle 2474

The size of Kyogle is approximately 30.1 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Kyogle in 2011 was 2,553 people. By 2016 the population was 2,204 showing a population decline of 13.7% in the area during that time. The predominant age group in Kyogle is 60-69 years. Households in Kyogle are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kyogle work in a labourer occupation. In 2011, 69.1% of the homes in Kyogle were owner-occupied compared with 64.8% in 2016.

Kyogle has 1,427 properties. Over the last 5 years, Houses in Kyogle have seen a 81.30% increase in median value, while Units have seen a 131.85% increase. As at 31 October 2024:

  • The median value for Houses in Kyogle is $530,284 while the median value for Units is $406,481.
  • Houses have a median rent of $440 while Units have a median rent of $360.
There are currently 43 properties listed for sale, and 10 properties listed for rent in Kyogle on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Kyogle.

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SIMON TOUGH
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