23 Horsley St, Kooringal is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 939m2 and floor size of 208m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Built in 2011 this duplex investment provides excellent rental returns and depreciation allowances.
Located in Kooringal the property is opposite a large park and has easy access to schools and Kooringal Shopping Mall. Lake Albert is just down the road and the Wagga Wagga Central Business District and Charles Sturt University are easily accessible by car and public Transport.
Both apartments are very large in size and two spacious bedrooms, generous living areas and double lock up garages. The modern bathrooms are complimented by a second toilet located in the garage.
Unit one is currently vacant and unit two is leased at $365 per week.
Potential income: $37,180 per annum
Council rates: $2,792.87 per annum
Rarely do you find two quality apartments on the same title - perfect for investors and super funds.
Please call for inspection and further information.
The size of Kooringal is approximately 4.8 square kilometres. It has 6 parks covering nearly 7.2% of total area. The population of Kooringal in 2011 was 7,308 people. By 2016 the population was 7,228 showing a population decline of 1.1% in the area during that time. The predominant age group in Kooringal is 20-29 years. Households in Kooringal are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kooringal work in a professional occupation. In 2011, 61.9% of the homes in Kooringal were owner-occupied compared with 59.7% in 2016.
Kooringal has 3,603 properties. Over the last 5 years, Houses in Kooringal have seen a 75.76% increase in median value, while Units have seen a 80.41% increase. As at 31 August 2024:
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