178 Warren Road, Gilgandra, NSW 2827
- 11
- 10
Sold
Sold for $810,000 (Jul 10, 2023)
Investment Opportunity - Projected Gross Yield Circa 12%
If you are looking at enhancing your investment portfolio, then look no further than 178 Warren Road, Gilgandra. Positioned in the regional town of Gilgandra NSW, this unique investment opportunity offers 9 separate tenancies on one title including 1 x 3 bedroom, 2 bathroom unit, 2 x 1 bedroom 1 bathroom units and 6 bedsit style units. Perfectly positioned nearby to the Gilgandra CBD and opposite parklands, this is an opportunity not to be missed. Features include:
* Projected gross return circa 12%.
* 9 units on one title.
* Complex consists of 2 separate buildings with each unit in good repair.
* Current gross income of $93,080.00pa.
* Common area laundry with coin-operated machines to generate extra income.
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L22173009
- Property Type:Block of Units
- Land Area:1414 sqm
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
Mortgage Broker
R&H Suburb Profile: Gilgandra| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 73 |
| Average Price | $309,214 |
| Median Price | $260,000 |
| Median Rental Price | $350 p.w. |
| Change in Rental Rate (5yr) | 37 % |
