22 Cotton St, Bordertown is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1987. The property has a land size of 592m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
SAL Real Estate present to market 22 Cotton Street. A fantastic opportunity for investors breaking into the market, or adding to their portfolio.
This 3 bedroom home has a great layout on an established 592m2 allotment. Featuring open plan kitchen/dining area, kitchen with great storage and electric appliances. Living room with R/C heating/cooling. Bathroom with bath, shower, plus a separate toilet.
Under cover carport, paved outdoor area and good sized back yard with garden shed.
Currently rented at $260 per week, with all water usage and supply charged to the tenants. Fixed term lease until January 2024. Gross rental yield of approx 7% per annum (based on current rental income)
Annual Council Rates: $1,392.80
Zoning: Neighbourhood
Don't let this one slip away, contact us today.
The size of Bordertown is approximately 141.5 square kilometres. It has 29 parks covering nearly 1.2% of total area. The population of Bordertown in 2011 was 2,792 people. By 2016 the population was 2,957 showing a population growth of 5.9% in the area during that time. The predominant age group in Bordertown is 40-49 years. Households in Bordertown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bordertown work in a labourer occupation. In 2011, 68.7% of the homes in Bordertown were owner-occupied compared with 68.6% in 2016.
Bordertown has 2,073 properties. Over the last 5 years, Houses in Bordertown have seen a 119.74% increase in median value, while Units have seen a 112.66% increase. As at 31 October 2024:
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