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Overview
This solid investment opportunity is located in the sought-after suburb of Worrigee, presenting an appealing prospect for investors looking for stability and long-term tenancy. The property is currently leased to established tenants with a lease extending beyond 12 months, until June 2027, providing a reliable income stream.
The residence at 5 Arthur Street offers four spacious bedrooms and two full bathrooms, ideal for comfortable living or rental accommodation. Three of the four bedrooms are fitted with built-in wardrobes, adding practical storage solutions. The home also boasts two separate living areas, promoting both relaxation and entertainment options for residents.
The upgraded kitchen and dining area enhance the home's functionality, catering well to both everyday meals and social gatherings. Positioned on a generous corner block, the property benefits from a sizable covered entertaining area, perfect for outdoor dining or leisure activities regardless of weather conditions.
The large backyard is well-sized, providing ample space for children to play or for gardening enthusiasts to cultivate. Access on the side via a gate adds convenience and practicality, while a garden shed offers extra storage for tools and equipment.
- Solid four-bedroom home with longstanding tenants
- Two bathrooms, built-in robes in three bedrooms
- Large covered entertaining area with sizable backyard
- Reverse cycle air conditioning, ceiling fans, and a welcoming wood fire
- Close proximity to local shops and the Worrigee Medical Centre
- Convenient access to schools, sports club, and golf course nearby
- Tenants lease until June 2027 with intentions to extend
This property represents a unique chance to secure a highly sought-after long-term investment in Worrigee. Given the low vacancy rates in the Shoalhaven region, currently under 1%, the home offers excellent ongoing rental appeal. The owners are open to all genuine offers, providing an excellent opportunity for prospective buyers. This well-maintained property, kept immaculate by the tenants, is ready to offer immediate returns with low risk. Interested parties are encouraged to inquire for further information or to arrange a viewing at their convenience.
Local Market Insights
In Worrigee, Quiet Listings observed 51 new houses entering the market over the last 30 days, down from 75 during the previous 30-day period, with an average advertised asking price of $1,245,157. The property type mix of listed properties is predominantly Houses at 89%, followed by land (5%), and villas (3%). One Agency was the most active agency in this area, representing 17.6% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Under Offer | |
| $745,000 | |
| For Sale $745,000 |
Location
Worrigee NSW 2540
Market Insights for Worrigee NSW 2540
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