54 Sam St, Forbes is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 1018m2 and floor size of 196m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
DOUBLE INCOME - NO KIDDING!
Here is a fantastic opportunity to add to your investment portfolio - 2 x 2 Bedroom residential flats with excellent long term tenants in place! The flats are very tidy, with modern kitchens, gas heating, and wall air conditioning units. They each have a carport and their own private rear yard. Located in a quiet area of town, on a large 1018m2 block, which has a fenced off area at the rear and a large shed ideal to rent out as a storage shed, or utilise for your own personal use.
The flats were painted in 2018, and the owner has consistently kept maintenance up to date, making these a great little asset to take over.
At the moment, the tenants each pay $165 per week rent. Where else can you find a great return on investment in today's market? Inspections must be arranged by appointment, please contact Tara Kelly 0418 465 407 to book, and to receive an Information Memorandum.
The size of Forbes is approximately 980.3 square kilometres. It has 21 parks covering nearly 0.2% of total area. The population of Forbes in 2011 was 7,559 people. By 2016 the population was 8,435 showing a population growth of 11.6% in the area during that time. The predominant age group in Forbes is 0-9 years. Households in Forbes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forbes work in a professional occupation. In 2011, 66.7% of the homes in Forbes were owner-occupied compared with 68.3% in 2016.
Forbes has 5,144 properties. Over the last 5 years, Houses in Forbes have seen a 71.35% increase in median value, while Units have seen a 27.46% increase. As at 31 August 2024:
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