104 Hendy Rd, Buronga is a 12 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 3548m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
A rare opportunity to purchase this tightly held block of 6 x 2 bedroom units in a convenient Buronga location. Well maintained and currently all leased the property offers not only a great return but the chance to update some of the units along with potential to either strata title and/or to develop further units (STCA) at the rear of the 3,548sqm (approx) allotment.
Each brick unit features large lounge with open plan dining & kitchen, 2 double bedrooms with BIR, their own bathrooms and laundry facilities and undercover car parking.
With so much on offer and scope to add value, enjoy future capital growth with the benefits of being cash flow positive today.
The size of Buronga is approximately 15.1 square kilometres. The population of Buronga in 2011 was 1,131 people. By 2016 the population was 1,233 showing a population growth of 9.0% in the area during that time. The predominant age group in Buronga is 0-9 years. Households in Buronga are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Buronga work in a trades occupation. In 2011, 68.1% of the homes in Buronga were owner-occupied compared with 71% in 2016.
Buronga has 853 properties. Over the last 5 years, Houses in Buronga have seen a 64.46% increase in median value, while Units have seen a 50.65% increase. As at 31 October 2024:
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