7 Narangi St, Heatley is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 8 bedroom BlockOfUnits sold in Heatley in the last 12 months.
Comprising of four individually strata titled units, the current rental income stands at $1,150 per week (current rental appraisal available upon request), with rates averaging approximately $1,630 for six months per unit.
Situated at a prime central location, this unique four-unit complex, individually strata titled, presents an ideal opportunity for savvy investors seeking a stable return on their investment. Each of the meticulously maintained units adds significant value to any property portfolio. Boasting high occupancy rates, these units, constructed with besser blocks, offer proximity to various amenities such as public transport, parks, playgrounds, convenience stores, a public swimming pool, Heatley High School, and Vincent Village Shopping Centre.
The layout includes two units on the ground floor and two units on the upper level with a central staircase, each featuring:
Video walk through of the units is available upon request.
The size of Heatley is approximately 2 square kilometres. It has 2 parks covering nearly 6.7% of total area. The population of Heatley in 2011 was 4,215 people. By 2016 the population was 4,037 showing a population decline of 4.2% in the area during that time. The predominant age group in Heatley is 10-19 years. Households in Heatley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Heatley work in a trades occupation. In 2011, 56.6% of the homes in Heatley were owner-occupied compared with 58.9% in 2016.
Heatley has 1,771 properties. Over the last 5 years, Houses in Heatley have seen a 97.25% increase in median value, while Units have seen a 72.25% increase. As at 31 October 2024:
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