95-101 Watermain StreetNarrandera NSW 2700
Property Details for 95-101 Watermain St, Narrandera
95-101 Watermain St, Narrandera is a 3 bedroom, 1 bathroom House with 7 parking spaces and was built in 1960. The property has a land size of 5099m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (October 2024)
This newly refurbished 3-bedroom, 1-bathroom home offers an excellent opportunity to own a versatile property set on just over an acre of land. Boasting stunning polished timber floors and split system heating and cooling, the home is designed for comfort and style. The updated gardens and newly laid driveway enhance its street appeal, making it a perfect family home or investment.
The property also features a spacious 15m x 10m open-front shed, ideal for storage or workshop use, along with a cool room storage shed. A well-appointed BBQ area and single garage close to the house provide added convenience and lifestyle value.
For investors, this property delivers outstanding returns. It's currently leased in two portions: the shed and cool room storage on 2000sqm are leased at $265 per week, while the house on 3000sqm is leased at $390 per week. Combined, the property generates $655 per week, providing an attractive 8% rental yield perfect for those looking to expand their investment portfolio.
Located in a peaceful setting, this property offers flexibility for both personal enjoyment and income potential, making it an exceptional opportunity for savvy buyers.
*Agents interest declared
Property History for 95-101 Watermain St, Narrandera, NSW 2700
- 04 Oct 2024Listed for Sale $440,000
- 16 Mar 2023Listed for Rent $390 / week
- 19 Oct 2022Listed for Rent $365 / week
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0About Narrandera 2700
The size of Narrandera is approximately 357.9 square kilometres. It has 14 parks covering nearly 0.9% of total area. The population of Narrandera in 2011 was 4,470 people. By 2016 the population was 4,342 showing a population decline of 2.9% in the area during that time. The predominant age group in Narrandera is 50-59 years. Households in Narrandera are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narrandera work in a labourer occupation. In 2011, 68.6% of the homes in Narrandera were owner-occupied compared with 68.3% in 2016.
Narrandera has 2,782 properties. Over the last 5 years, Houses in Narrandera have seen a 77.59% increase in median value, while Units have seen a 72.49% increase. As at 30 November 2024:
- The median value for Houses in Narrandera is $301,927 while the median value for Units is $332,673.
- Houses have a median rent of $350 while Units have a median rent of $255.
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