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  • 1-5/150 Rankin Street, BATHURST, NSW 2795

1-5/150 Rankin Street, Bathurst, NSW 2795

  • 13 Bed
  • 5 Bath
  • 5garages

Sold

Sold Prior To Auction for $1,800,000 on Mar 10, 2025

EXCEPTIONAL INVESTMENT OPPORTUNITY

1-5/150 Rankin Street presents a rare opportunity to secure a fully tenanted complex of five units in a prime central location. Perfectly positioned near local shops, schools, and essential services, this property offers both convenience for tenants and a strong, reliable return for investors.

Comprising 2 x 2-bedroom units and 3 x 3-bedroom units, each residence features a functional kitchen with ample storage, well-appointed bathrooms, and a single garage for secure parking. With all units currently leased, the property generates a solid rental income of approximately $1,950 per week ($101,400 per annum), making it an outstanding investment choice.

Situated in the heart of Bathurst, this block of units is ideally located to attract and retain quality tenants, offering easy access to the CBD, transport, and recreational facilities. Whether you're an experienced investor or looking to expand your portfolio, this is an opportunity not to be missed.

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avatar Michelle Mackay
Michelle Mackay
Director

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Property Info:
  • Property ID: L20603725
  • Property Type:House
  • Garages:5
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R&H Suburb Profile: Bathurst
R&H Suburb SummaryHouses
Number of sales114
Average Price$834,613
Median Price$657,000
Median Rental Price$460 p.w.
Change in Rental Rate (5yr)35 %
R&H Suburb SummaryUnits
Number of sales63
Average Price$513,930
Median Price$480,000
Median Rental Price$390 p.w.
Change in Rental Rate (5yr)44 %
Median Trend - $657,000
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