1/27-29 Twentieth St, Renmark is a 3 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 1212m2 and floor size of 1212m2.
Excellent opportunity for the astute investor to acquire three one bedroom attached units on a large 1,212m2 allotment, all on one title and with the bonus of being close to the Shopping Centre, Mitre 10 and bakery. All units are tidy, with unit one having vinyl floors, while units two and three having polished timber floors throughout. Each unit has a large fully fenced back yard, with unit two having access to a 3mt x 6mt shed. With an accessed rental return of between $460 to $480 combined, this makes for a very attractive return. A viewing is highly recommended for all investors.
The size of Renmark is approximately 14.9 square kilometres. It has 30 parks covering nearly 9.6% of total area. The population of Renmark in 2011 was 4,386 people. By 2016 the population was 4,637 showing a population growth of 5.7% in the area during that time. The predominant age group in Renmark is 60-69 years. Households in Renmark are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Renmark work in a labourer occupation. In 2011, 53.2% of the homes in Renmark were owner-occupied compared with 54.5% in 2016.
Renmark has 2,838 properties. Over the last 5 years, Houses in Renmark have seen a 75.96% increase in median value, while Units have seen a 68.18% increase. As at 31 October 2024:
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