OFF MARKET

89 Marks Street
Broken Hill NSW 2880

Bedrooms: 6
Bathrooms: 5
Car spaces: 2
Floor area: 201m2
Land area: 1012m2
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Last updated 11 Nov 2024
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Property Details for 89 Marks St, Broken Hill

89 Marks St, Broken Hill is a 6 bedroom, 5 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 1012m2 and floor size of 201m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1950
Floor Size
201m2
Land Size
1012m2
Local Government
Broken Hill
Lot/Plan
3621/DP757298

Last Listing description (June 2024)

89 Marks Street, Broken Hill offers a unique investment opportunity with multiple dwellings on one title. The property includes 3 brick units along with a large 4 bedroom, 2 bathroom house ideal for the astute investor.

Income and current lease details for each tenancy are:
Unit 5 - Leased at $160 per week until November 2021

Unit 4 - Leased at $175 per week until August 2022
Unit 3 - Leased at $185 per week until January 2022
House - Leased at $305 per week until August 2022

DA approved for subdivision until 5 October, 2023 if not accepted upon before. (Please refer to the draft contract of sale and consult with Broken Hill City Council for clarification)

General property descriptions:
Uni 3 - Downstairs unit. Open plan living and dining, bathroom / laundry, separate toilet. Recently updated. Vehicle access.
Unit 4 - Upstairs unit. Open plan living and dining, bathroom / laundry, separate toilet. Recently updated. Vehicle access.
Unit 5 - Upstairs unit. Open plan living and dining, bathroom / laundry, separate toilet. Original but functional condition. Vehicle access.
House - 4 bedroom, 2 bathroom house with kitchen, formal dining room, lounge room, laundry and 2nd living area on the lower level. Original but functional condition. Vehicle access.

Please contact CENTURY 21 McLeods to organise your inspection of the property.

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

CENTURY 21 McLeods is registered as a COVID Safe business and is following COVID-19 Public Health Orders.

Council Rates: approx. $2,428 per annum
Water Rates: approx. $3,556 per annum

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Property History for 89 Marks St, Broken Hill, NSW 2880

A timeline of how this property has performed in the market
Last Sold
$370,000
03 Feb 2022
Listed for Rent
$430/w
20 Oct 2023
  • 26 Sep 2023
    Listed for Rent $430 / week
  • 03 Feb 2022
    Sold for $370,000
  • 02 Nov 2021
    Listed for Sale UNDER CONTRACT/OFFER
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About Broken Hill 2880

The size of Broken Hill is approximately 13,004.9 square kilometres. It has 43 parks covering nearly 2.2% of total area. The population of Broken Hill in 2011 was 18,776 people. By 2016 the population was 17,837 showing a population decline of 5.0% in the area during that time. The predominant age group in Broken Hill is 50-59 years. Households in Broken Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broken Hill work in a professional occupation. In 2011, 74.2% of the homes in Broken Hill were owner-occupied compared with 71.9% in 2016.

Broken Hill has 11,270 properties. Over the last 5 years, Houses in Broken Hill have seen a 88.95% increase in median value, while Units have seen a 79.05% increase. As at 31 October 2024:

  • The median value for Houses in Broken Hill is $182,283 while the median value for Units is $160,380.
  • Houses have a median rent of $340 while Units have a median rent of $220.
There are currently 134 properties listed for sale, and 18 properties listed for rent in Broken hill on OnTheHouse. According to CoreLogic's data, 511 properties were sold in the past 12 months in Broken hill.

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