16 Sheather StreetKhancoban NSW 2642
Property Details for 16 Sheather St, Khancoban
16 Sheather St, Khancoban is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 565m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (August 2024)
Investment Highlights:
This property offers an impressive rental yield of 10-12%, making it an attractive investment for those seeking strong cash flow.
Tenant in Situ: Currently tenanted until October 2024, providing immediate rental income, with the possibility of further extensions. It serves as an in-demand furnished rental for contract workers and as a short-term holiday rental in between leases.
Property Features:
While various parts of the house will require renovation in the coming years, it features a recently renovated kitchen with modern appliances, ample storage, and natural light.
Spacious Living Areas: Two family rooms on the lower level, one featuring a cosy fireplace.
Generous Bedrooms: Four generously sized bedrooms, with the master suite on the lower level and the remainder upstairs.
Offers a neat outdoor area and a balcony on the top floor offers views of Khancoban's lake and landscape,
Proximity to Amenities: Located within walking distance of the town centre and shops.
Natural Surroundings: Surrounded by the beautiful outdoors and countryside, ideal for a family looking for space and comfort.
Inspections by appointment - please contact Mellisa Meli on 0408 664 015
Property History for 16 Sheather St, Khancoban, NSW 2642
- 28 Mar 2024Listed for Sale $385,000
- 29 Nov 2021Sold for $70,000
- 05 Mar 2010Sold for $135,000
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0About Khancoban 2642
The size of Khancoban is approximately 241.5 square kilometres. It has 2 parks covering nearly 67.3% of total area. The population of Khancoban in 2011 was 455 people. By 2016 the population was 305 showing a population decline of 33.0% in the area during that time. The predominant age group in Khancoban is 70-79 years. Households in Khancoban are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Khancoban work in a managers occupation. In 2011, 69.9% of the homes in Khancoban were owner-occupied compared with 71.3% in 2016.
Khancoban has 403 properties. Over the last 5 years, Houses in Khancoban have seen a 98.87% increase in median value, while Units have seen a 36.13% increase. As at 31 October 2024:
- The median value for Houses in Khancoban is $283,934 while the median value for Units is $571,503.
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