14-16 Payne St, Narooma is a 5 bedroom, 4 bathroom BlockOfUnits. The property has a land size of 1322m2. While the property is not currently for sale or for rent, it was last sold in July 2023. There are other 5 bedroom BlockOfUnits sold in Narooma in the last 12 months.
This coastal property is situated on a double block of land measuring approx 1,322 square meters, offering four apartments with front verandahs, individual utilities, and a desirable location. The apartments include one 2-bedroom unit and three comfortable 1-bedroom units, each with its own charm. Shared Laundry space. The property provides individual electricity and gas hot water service (water is included). Its close proximity to shops and amenities adds convenience. Generating a rental income of around $650 per week with potential to be increased. This property presents a promising investment opportunity as it sit on two block of land and is currently generating income, hence good for both experienced investors and first-time buyers. Don't miss out on this chance to expand your portfolio or enter the real estate market.
The size of Narooma is approximately 120 square kilometres. It has 11 parks covering nearly 69.2% of total area. The population of Narooma in 2011 was 2,416 people. By 2016 the population was 2,611 showing a population growth of 8.1% in the area during that time. The predominant age group in Narooma is 60-69 years. Households in Narooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narooma work in a trades occupation. In 2011, 68.6% of the homes in Narooma were owner-occupied compared with 69.1% in 2016.
Narooma has 2,490 properties.
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.