FOR SALE
$800,000 - $850,000

25 Fairlands Road
Mallabula NSW 2319

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 787m2
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High-yield investment opportunity

This is a two-for-one opportunity, dual-occupancy property featuring two residences, 25 and 25a Fairlands Road, Mallabula. Both properties are nicely separated for privacy and are ready to rent out.
This main residence has undergone a complete internal and external renovation and now presents in immaculate as-new condition. It features a centrally located new kitchen that seamlessly connects to the family area, formal dining, and air-conditioned living area. All living spaces have been completely resurfaced, showcasing a sleek and polished look throughout.
The lovely, spacious master features a brand-new ensuite, ceiling fan, and built-in robe. The two additional generously sized bedrooms, each with ceiling fans and built-in robes, are situated within easy reach of the renovated 3-way bathroom.
Adding to the home's appeal is an attached single garage that provides internal laundry access and a spacious rear yard.
The 2nd residence features an air-conditioned open-plan kitchen and living area, which combines nicely with the two large bedrooms and the laundry / bathroom. The cottage also includes a lovely verandah overlooking the privately fenced backyard and its own carport. Both properties are separately metered for power.
The main home presents in immaculate, as-new condition, while the rear cottage is in good serviceable condition, ready for occupancy or rental. Conveniently located within walking distance to the waterfront, parks and the local primary school, this property offers the ideal combination of modern living and investment opportunity.
Market rent on the cottage would be approximately $380/week
Market rent on the main residence would be approximately $570.00/week
Disclaimer: Whilst Portside Real Estate takes great care in obtaining information from sources, we believe to be reliable - in the preparation of this advertisement and information contained herein. Portside Real Estate cannot however warrant, represent or guarantee the accuracy, or completeness of the information and therefore, cannot accept liability resulting from reliance on this information. Portside Real Estate strongly recommends potential purchasers make their own independent inquiries and investigations before purchasing.

Property Details for 25 Fairlands Rd, Mallabula

25 Fairlands Rd, Mallabula is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 787m2. The place is currently for sale with Portside Real Estate.

Building Type
House
Land Size
787m2

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About Mallabula 2319

The size of Mallabula is approximately 2.7 square kilometres. It has 9 parks covering nearly 16.5% of total area. The population of Mallabula in 2011 was 850 people. By 2016 the population was 928 showing a population growth of 9.2% in the area during that time. The predominant age group in Mallabula is 50-59 years. Households in Mallabula are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mallabula work in a trades occupation. In 2011, 68.8% of the homes in Mallabula were owner-occupied compared with 71.1% in 2016.

Mallabula has 505 properties. Over the last 5 years, Houses in Mallabula have seen a 54.09% increase in median value, while Units have seen a 48.19% increase. As at 31 October 2024:

  • The median value for Houses in Mallabula is $654,982 while the median value for Units is $454,254.
  • Houses have a median rent of $588 while Units have a median rent of $300.
There are currently 8 properties listed for sale, and no properties listed for rent in Mallabula on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Mallabula.

Suburb Insights for Mallabula 2319

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David Keers
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Rodney Keers
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Portside Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.