3/3-4 Yenda Pl, Yenda is a 8 bedroom, 5 bathroom Unit. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 8 bedroom Unit sold in Yenda in the last 12 months.
Are you seeking a stellar addition to your investment portfolio and an affordable entry level money maker? Look no further! This mixed commercial and residential property located in Yenda, NSW, offers a rare and lucrative opportunity with multiple income streams. Yenda is located only 18kms from the thriving cosmopolitan regional centre of Griffith. The village is also home to one of the regions largest employers Casella Family Brands. Yenda is a vibrant community and offers convenient services including a local supermarket, fuel station, pharmacy and public primary school.
Property Highlights:
-2 Commercial Spaces
Key Location Features:
-Heart of Yenda Village
-Just 17 kms from Griffith, NSW
-Future Residential Expansion Plans for the Village
-Home to Casella Family Brands, one of the regions largest employers
-Local Supermarket, Fuel Station, Pub, Agri Supply Company, and Pharmacy nearby
Investors, this is your golden ticket to seize a piece of Yenda's exciting growth corridor!
Commercial Spaces: The two commercial spaces offer flexible leasing options, attracting local businesses eager to be part of Yenda's thriving community. The proximity to essential amenities and the main park guarantees high visibility and passing traffic, making these spaces a coveted choice for entrepreneurs. Both properties spaces are currently leased with the main floor space occupied by the local Kebab specialists and the second space by a local art studio.
Residential Apartments: With five well-appointed apartments, this property caters to the growing demand for comfortable living in Yenda. Tenants can enjoy the convenience of the villages main park, adding to the property's appeal. These apartments are consistently occupied, contributing significantly to the property's impressive income in particular servicing the large labour force of the wineries employed by Casella Family Brands and Burton Vineyards. Both 2-bedroom units are partly furnished as well as the street level studio apartment with remaining 2 x 2 bedroom units leased as vacant residential rentals.
Future Growth Potential: Yenda is on the cusp of an exciting expansion with future residential expansion plans in place. This presents an excellent opportunity for long-term capital appreciation. The presence of Casella Family Brands, a major employer in the region, ensures a stable local economy, making Yenda a robust and resilient investment destination.
Investment Portfolio Enhancement: Adding this property to your investment portfolio means securing a consistent gross annual income of over $85,000. Its timeless facade and standout presence in the village not only guarantee long-term appeal but also promise a remarkable return on investment. The central location and large lot also allow for the next owners to take further advantage on the site with additional development. With residential vacancy rates remaining at historic lows and demand at historic highs, this regional investment allows an affordable entry to this dynamic market place.
Don't miss your chance to capitalize on this exceptional real estate gem in Yenda. Act now, and reap the benefits of Yenda's growth and prosperity. Contact us today to arrange a viewing and discover the boundless potential of this remarkable property.
The size of Yenda is approximately 205.2 square kilometres. It has 2 parks covering nearly 20.7% of total area. The population of Yenda in 2011 was 1,502 people. By 2016 the population was 1,514 showing a population growth of 0.8% in the area during that time. The predominant age group in Yenda is 50-59 years. Households in Yenda are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yenda work in a labourer occupation. In 2011, 70.1% of the homes in Yenda were owner-occupied compared with 70.4% in 2016.
Yenda has 863 properties.
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