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Sold on 03 Sep 2024 - Price Unavailable

1 Clay Street
Hay NSW 2711

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 1086m2
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Property Details for 1 Clay St, Hay

1 Clay St, Hay is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 1086m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 6 bedroom Unit sold in Hay in the last 12 months.

Building Type
Unit
Land Size
1086m2
Local Government
Hay

Last Listing description (September 2024)

Discover an exceptional investment opportunity at 525 Clay Street, Hay, featuring three separate two-bedroom units, each with a private carport and backyard, situated on a spacious 1086m block. Each unit is thoughtfully designed with a practical layout, including two bedrooms, a combined laundry/bathroom, and a welcoming living area that tenants will love to call home.

Investors will appreciate the existing long-term tenancies, providing a reliable stream of rental income from day one. This property offers a total rental income of $460 per week, with Unit 1 renting at $150 per week on a periodical lease, Unit 2 at $160 per week leased until 4/9/2024, and Unit 3 at $150 per week on a periodical lease.

Located in the vibrant community of Hay, these units offer a desirable mix of lifestyle and convenience for tenants, ensuring strong demand and excellent occupancy rates. The solid construction and low-maintenance design of the property promise longevity and minimal upkeep, making it an ideal addition to any investment portfolio.

525 Clay Street is a turnkey solution for investors seeking immediate returns and minimal hassle. The propertys location in a growing area enhances its capital growth potential, making it a sound investment choice. With reliable tenants already in place and the high-performance nature of the asset, this opportunity is perfect for those looking to capitalize on the promising market conditions.

Don't miss out on this exceptional investment opportunity.

Contact us today to learn more about this oppotunity

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Property History for 1 Clay St, Hay, NSW 2711

A timeline of how this property has performed in the market
Last Sold
03 Sep 2024
  • 03 Sep 2024
    Sold
  • 22 Apr 2024
    Listed for Sale Not Disclosed
  • 29 Feb 2024
    Listed for Sale Not Disclosed
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About Hay 2711

The size of Hay is approximately 1,946.9 square kilometres. It has 13 parks covering nearly 4.3% of total area. The population of Hay in 2011 was 2,445 people. By 2016 the population was 2,390 showing a population decline of 2.2% in the area during that time. The predominant age group in Hay is 50-59 years. Households in Hay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hay work in a labourer occupation. In 2011, 65.6% of the homes in Hay were owner-occupied compared with 63.2% in 2016.

Hay has 1,650 properties. Over the last 5 years, Houses in Hay have seen a 69.85% increase in median value, while Units have seen a 93.39% increase. As at 30 September 2024:

  • The median value for Houses in Hay is $223,270 while the median value for Units is $315,036.
  • Houses have a median rent of $260 while Units have a median rent of $180.
There are currently 5 properties listed for sale, and no properties listed for rent in Hay on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Hay.

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