3/28 Reynolds St, Nebo is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 158m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
An ideal investment has popped up in Nebo, where prices are still under control offering fantastic value for money.
Located in a small complex of 4 units, this one is bigger than some of the houses around and is in really good condition. The good-sized bedrooms are all air-conditioned with built-in- wardrobes.
A large, modern kitchen with plenty of storage and bench space is combined with the dining and lounge rooms to provide an open plan area near the entrance to the unit.
Outside, the grounds are easily maintained by the body corp, so nothing much to do. Fenced, car accommodation and 8.8 kva solar, you might even get money back on your bill.
With the coming rent increase, from the established long term tenants, you can expect a return of 9.22%, not something you often find with residential investment.
Definitely worthy of your consideration, call Mark for more information.
The size of Nebo is approximately 876.9 square kilometres. It has 5 parks covering nearly 2.5% of total area. The population of Nebo in 2011 was 841 people. By 2016 the population was 756 showing a population decline of 10.1% in the area during that time. The predominant age group in Nebo is 30-39 years. Households in Nebo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nebo work in a machinery operators and drivers occupation. In 2011, 50.7% of the homes in Nebo were owner-occupied compared with 48.9% in 2016.
Nebo has 604 properties. Over the last 5 years, Houses in Nebo have seen a 91.55% increase in median value, while Units have seen a 233.08% increase. As at 31 October 2024:
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