163 Baraang DriveBroadwater NSW 2472
Property Details for 163 Baraang Dr, Broadwater
163 Baraang Dr, Broadwater is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 806m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 6 bedroom House sold in Broadwater in the last 12 months.
Last Listing description (September 2024)
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 cafe/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 History for 163 Baraang Dr, Broadwater, NSW 2472
- 18 Jul 2024Sold
- 20 Mar 2024Sold for $770,000
- 22 Aug 2022Listed for Sale $810,000
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0About 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 465 properties. Over the last 5 years, Houses in Broadwater have seen a 59.79% increase in median value, while Units have seen a 974.90% increase. As at 30 November 2024:
- The median value for Houses in Broadwater is $606,212 while the median value for Units is $857,751.
- Houses have a median rent of $370.
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