OFF MARKET

46 Dunn Street
Kandos NSW 2848

Bedrooms: 9
Bathrooms: 5
Car spaces: 5
Land area: 2000m2
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Property Details for 46 Dunn St, Kandos

46 Dunn St, Kandos is a 9 bedroom, 5 bathroom House with 5 parking spaces. The property has a land size of 2000m2.

Building Type
House
Land Size
2000m2
Local Government
Mid-Western Regional

Last Listing description (February 2017)

A serious investment for the serious investor with scope to both improve on existing returns plus increase the number of income producing units.
The property comprises 5 units in total 3 x 1 bedroom with timber floors, galley kitchen and bathroom each showing $90 per week income with long term tenants in place. One bedroom units share a common laundry and separate triple carport.
In addition are 2x2 bedroom units each with its own carport and laundry, separate kitchen room and timber floors, again with long term tenants in place each paying $120 per week.

Now the twist to the property is each unit is due shortly for a rent hike and the existing $510 per week income should go to $595.00 increasing the return by 16% in addition the land area of over 2000m2 is only being half used and the addition of 5 more similar units should be possible subject to council approval.
An outstanding opportunity with solid returns and excellent growth potential.
Full details by contacting Geoff Bartlett at First National Real Estate Kandos Rylstone on 6379 1955 or 0413 488 188.

Property History for 46 Dunn St, Kandos, NSW 2848

A timeline of how this property has performed in the market
  • 27 Jun 2016
    Listed for Sale $529,500

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About Kandos 2848

The size of Kandos is approximately 40.1 square kilometres. It has 3 parks covering nearly 20.8% of total area. The population of Kandos in 2011 was 1,283 people. By 2016 the population was 1,347 showing a population growth of 5.0% in the area during that time. The predominant age group in Kandos is 50-59 years. Households in Kandos are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kandos work in a trades occupation. In 2011, 64.9% of the homes in Kandos were owner-occupied compared with 66.3% in 2016.

Kandos has 960 properties. Over the last 5 years, Houses in Kandos have seen a 91.51% increase in median value, while Units have seen a 13.48% increase. As at 30 September 2024:

  • The median value for Houses in Kandos is $375,245 while the median value for Units is $297,820.
  • Houses have a median rent of $350 while Units have a median rent of $150.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Kandos on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Kandos.

Suburb Insights for Kandos 2848

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.