40A Narrawa AvenueErina NSW 2250
Property Details for 40a Narrawa Ave, Erina
40a Narrawa Ave, Erina is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 645m2 and floor size of 78m2.
Last Listing description (December 2022)
Have you been waiting for that perfect opportunity to arise in the highly sought-after suburb of Erina? Well here it is......
This once in a lifetime and extremely rare opportunity features an immaculately presented 2-bedroom home with the added bonus of a detached 2-bedroom granny flat that sits perfectly on a huge 645sqm of prime real estate in an ultra-convenient position. Centrally located within easy walking distance to Erina Fair Shopping Centre, as well as a variety of local schools, shops, transport and leading amenities, this amazing property presents buyers with a myriad of options. Live in both properties and enjoy as is, live in one and rent out the other or enjoy the huge rental income generated from both properties separately The choice is yours, either way this property is loaded with potential and worth your immediate attention.
Features of the main property include:
- Functional kitchen with stainless steel appliances & breakfast bar.
- Recently updated main bathroom.
- Covered outdoor entertaining area overlooking the level & fenced rear yard.
- Extras include: External laundry, Reverse cycle air conditioning and much more.
- Expected weekly rental return $430 per week
Features of the detached Granny Flat Include:
- Modern & newly constructed with 2 generously sized bedrooms in total. Both bedrooms feature built in wardrobes.
- Well appointed kitchen with stainless steel appliances.
- Spacious & open plan lounge, dining & kitchen area.
- Modern and well-presented main bathroom with combined internal laundry.
- Level and completely fenced low maintenance yard.
- Expected weekly rental return of $400 per week.
Opportunities like this don't come along often so to arrange your inspection call Jason Easton today on 0422 966 508.
Property History for 40a Narrawa Ave, Erina, NSW 2250
- 15 Nov 2022Listed for Rent $500 / week
- 24 Feb 2022Listed for Sale Just Listed
- 21 Jan 2022Listed for Rent $460 / week
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About Erina 2250
The size of Erina is approximately 5.2 square kilometres. It has 8 parks covering nearly 13.6% of total area. The population of Erina in 2011 was 4,633 people. By 2016 the population was 4,781 showing a population growth of 3.2% in the area during that time. The predominant age group in Erina is 80-89 years. Households in Erina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Erina work in a professional occupation. In 2011, 70% of the homes in Erina were owner-occupied compared with 69.2% in 2016.
Erina has 3,234 properties. Over the last 5 years, Houses in Erina have seen a 56.22% increase in median value, while Units have seen a 28.97% increase. As at 31 October 2024:
- The median value for Houses in Erina is $1,281,864 while the median value for Units is $642,449.
- Houses have a median rent of $700 while Units have a median rent of $500.
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