7 Regent StreetMoama NSW 2731
Property Details for 7 Regent St, Moama
7 Regent St, Moama is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 6 bedroom Unit sold in Moama in the last 12 months.
Last Listing description (November 2023)
Welcome to 7 Regent Street, Moama, an exceptional investment opportunity that combines convenience, multiple living units, and promising returns. This property comprises a block of three well-maintained units, all sitting on a single title.
Each unit boasts two comfortable bedrooms, a bathroom with over bath shower, a laundry, and an open-plan living, dining, and kitchen area that enhances the sense of space. Additionally, each features a courtyard, providing a private outdoor space to relax and enjoy and a carport at the front of each respective unit. Unit 3, in particular, offers the bonus of a nicely sized backyard, perfect for outdoor activities, gardening, or simply soaking up the sun. The use of all-electric appliances ensures ease of maintenance and modern living.
UNIT 1- Currently vacant, however had a tenant in for 9 years prior, and has a rental potential of $250 approx. per week in the current market. This gives you the option to put a tenant in yourself, Air BNB the unit or even move in yourself.
UNIT 3- Tenanted on a fixed term agreement ending 11/09/2024 and returning 220 per week. This tenant is long term, having resided in the property for approximately 22 years.
Collectively, the units have a rental potential of $250 per week each in their current condition. However, with some cosmetic updates throughout, these units could fetch around $300 - $320 per week each in the current market.
Conveniently situated in Central Moama on an 810m2 allotment, this property places you in close proximity to essential amenities, including Moama Woolworths and Moama McDonald's. This strategic location enhances the property's appeal, offering the utmost convenience for residents.
In summary, 7 Regent Street, Moama, presents an excellent investment opportunity with its three self-contained units, central location, and potential for strong returns. Don't miss the chance to capitalize on this versatile property, whether you're looking for an investment, a multi-generational living solution, or a combination of both.
This property is being sold using 'Market Buy' to facilitate online offers. If you would like to register your interest in this property as a buyer and submit a formal offer in a secure way, directly to the agent and property seller (prior to 12.30pm the 8th of November ), please copy the link below into your browser and fill out the required fields:
https://c21richriver.marketbuy.com.au/sign-up/p/a7o/7-regent-street-moama
Note: the seller may accept an offer prior to end date and may not necessarily accept the highest offer if another offers terms are more favorable. Offers may continue past close time if there are continual offers prior to cut off time.
Property History for 7 Regent St, Moama, NSW 2731
- 16 Nov 2023Sold for $577,500
- 26 Oct 2023Listed for Sale RECENT SALES
- 13 Nov 2019Listed for Rent - Price not available
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About Moama 2731
The size of Moama is approximately 577.8 square kilometres. It has 17 parks covering nearly 20.7% of total area. The population of Moama in 2011 was 5,559 people. By 2016 the population was 6,162 showing a population growth of 10.8% in the area during that time. The predominant age group in Moama is 60-69 years. Households in Moama are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moama work in a managers occupation. In 2011, 70.1% of the homes in Moama were owner-occupied compared with 71.2% in 2016.
Moama has 6,277 properties. Over the last 5 years, Houses in Moama have seen a 79.89% increase in median value, while Units have seen a 48.82% increase. As at 30 September 2024:
- The median value for Houses in Moama is $787,461 while the median value for Units is $348,174.
- Houses have a median rent of $640 while Units have a median rent of $425.
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