60 Brentwood Street, Muswellbrook, NSW 2333
- 6
- 3
- 3
Sold
Sold for $570,000 on Dec 14, 2023
BLOCK OF 3 UNITS
Nestled just minutes from the main street, local schools and hospital, this block of three units presents a fantastic opportunity for investors looking for a high yielding, multiple-income stream property.
With two out of three units already tenanted, the property is expected to generate a total weekly income of $500 once scheduled rent increases take effect in late December. There is also potential for the rent to exceed $750 with all units occupied.
Each low maintenance unit features a hassle-free 2 Bed - 1 Bath - 1 Car design complete with open plan living & dining, combined kitchen and laundries, split system air conditioner, and single carport.
Positioned on one title, there are no strata fees to pay adding further to this property's appeal for your portfolio. Located in a great part of town within walking distance to local parks and Muswellbrook Hospital, this is a superb regional investment option to consider!
Each unit features:
• Neat kitchens with electric cooking
• Combined lounge & dining
• Two bedrooms appointed with built-in robes
• Neat bathroom with shower & w/c
• Split system A/C
• Laundry in kitchen
• Single carport
Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Carolyn Wallis-Tomlins
Director / Sales Agent | Residential & Stock and Station
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L25505641
- Property Type:Block of Units
- Building / Floor Area:240 sqm
- Carports:3
- Land Area:784 sqm
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R&H Suburb Profile: Muswellbrook
R&H Suburb Summary | Houses |
---|---|
Number of sales | 317 |
Average Price | $515,319 |
Median Price | $500,000 |
Median Rental Price | $490 p.w. |
Change in Rental Rate (5yr) | 29 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 60 |
Average Price | $336,580 |
Median Price | $301,500 |
Median Rental Price | $380 p.w. |
Change in Rental Rate (5yr) | 36 % |
Median Trend - $500,000
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