25 Nandewar StreetNarrabri NSW 2390
Property Details for 25 Nandewar St, Narrabri
25 Nandewar St, Narrabri is a 7 bedroom, 5 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 7 bedroom BlockOfUnits sold in Narrabri in the last 12 months.
Last Listing description (July 2024)
Check out this block of units sitting on a spacious 1012 sqm block in a well situated, quiet, family-oriented area! It is walking distance to schools, public transport and a corner shop and a 3-minute drive to the CBD. With rental properties in the thriving town of Narrabri in extreme demand, this well-maintained block of units is a fantastic opportunity for investors returning a healthy 7.65*% yield. Owners will consider all reasonable offers
There are 2 x 2 bedroom units and 3 x 1 bedroom units, all fully tenanted.
• The lounge rooms are carpeted with ceiling fans, split systems and vertical blinds.
• The 7 bedrooms are carpeted with built-ins, split-systems, vertical blinds and ceiling fans.
• There are 5 tiled bathrooms, with a shower over bath, toilet and vanity.
• Internal laundry set-up in the kitchen (units 1-4).
• External laundry for unit 5.
• 3 x carports plus additional parking space.
• Small garden shed.
• Rear lane access.
• Units have been fully re-plumbed ($6,000 spent)
• Freehold.
Rental Income: $61,200.00 pa
• Unit 1 $210 p/w
• Unit 2 $220 p/w
• Unit 3 $300 p/w
• Unit 4 $250 p/w
• Unit 5 $175 p/w
Outgoings:
• Insurance $5,500 pa *
• Rates $4,500 pa *
• Lawns & Yard Maintenance $66.00 *
*approximate
This property offers an excellent opportunity for those looking to invest or you could convert it into a multi-generational living space. Don't wait any longer, get in touch with us today to schedule a private inspection and claim this incredible property for yourself.
Property History for 25 Nandewar St, Narrabri, NSW 2390
- 04 Jul 2024Sold for $685,000
- 15 Dec 2023Listed for Sale $750,000
- 01 Sep 2020Listed for Rent - Price not available
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0About Narrabri 2390
The size of Narrabri is approximately 1,294.2 square kilometres. It has 22 parks covering nearly 10.7% of total area. The population of Narrabri in 2011 was 7,391 people. By 2016 the population was 7,614 showing a population growth of 3.0% in the area during that time. The predominant age group in Narrabri is 0-9 years. Households in Narrabri are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Narrabri work in a trades occupation. In 2011, 64.1% of the homes in Narrabri were owner-occupied compared with 63.5% in 2016.
Narrabri has 4,467 properties. Over the last 5 years, Houses in Narrabri have seen a 106.20% increase in median value, while Units have seen a 13.92% increase. As at 31 July 2024:
- The median value for Houses in Narrabri is $360,326 while the median value for Units is $205,359.
- Houses have a median rent of $490 while Units have a median rent of $300.
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