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Overview
This offering presents a compelling opportunity for investors seeking immediate returns accompanied by long-term growth prospects. The property is a fully leased block of units situated on a spacious 739 square meter land parcel, combining steady cash flow with the security of an established asset.
The block comprises a total of four bedrooms, four bathrooms, and four parking spaces, designed to attract and retain quality tenants. Each individual unit is leased at $250 per week, resulting in a combined gross rental income of approximately $52,000 per annum.
Located conveniently close to local amenities, educational institutions, shopping centers, and public transportation options, this property enjoys strong tenant demand and excellent appeal. The substantial land size further enhances potential value, presenting possibilities for redevelopment or enhancement subject to council approvals.
Ideal for experienced investors aiming to expand their property portfolio or for those seeking a high-performing asset with immediate reliable income, this block offers a low-maintenance investment with secured rental returns from day one.
Property Highlights:
- Fully leased block of units ensuring consistent rental income
- Comprising four bedrooms and four bathrooms
- Four car parking spaces allocated
- Generous 739 square meter land allotment
- Units leased at $250 per week each
- Combined rental income approximately $52,000 per annum
- Strong tenant demand and investment appeal
- Significant land holding with future development upside potential (subject to council approval)
- Low-maintenance asset for investors focused on cash flow
Investors can secure a proven, income-producing property and benefit from a strategically positioned investment that balances both stability and growth opportunity.
Disclaimer: All information has been obtained from sources believed to be reliable. However, accuracy cannot be guaranteed and prospective purchasers should conduct their own thorough investigations.
Local Market Insights
In New England And North West, Quiet Listings observed 4 new units entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $421,250. The property type mix of listed properties is predominantly Houses at 76%, followed by land (12%), and commercial properties (5%). Armidale Town and Country was the most active agency in this area, representing 50.0% 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 |
|---|---|
| Price Guide: $800,000 - $880,000 | |
| Price Guide: $800,000 - $880,000 |
Location
Uralla NSW 2358
Market Insights for Uralla NSW 2358
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