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Overview
This investment property offers a thoughtfully composed arrangement of three neat and well-maintained units set within a manageable block. Its location in a quiet lane directly across from the local public school adds convenience for potential tenants with school-aged children, enhancing tenant appeal and community connectivity.
The property comprises two two-bedroom units and one three-bedroom unit, providing versatile accommodation options. Each unit features split system air conditioning to ensure comfort throughout the seasons and vinyl flooring that balances durability with easy maintenance. The combined bathroom includes essential laundry facilities and storage, cleverly maximizing space and function.
Central to each unit is a well-equipped kitchen fitted with a breakfast bar that integrates seamlessly with the dining area, encouraging communal gatherings and efficient everyday living. Outdoor areas include a small backyard and inviting front courtyards, offering private outdoor spaces for relaxation or light gardening.
With all units currently leased and an estimated rental return of $840 per week, the property stands as a stable income-generating asset. Off-street parking supports tenant convenience and helps maintain orderly premises. This setup is particularly suited to investors seeking a secure, low-maintenance portfolio addition in a location that balances community access with residential tranquility.
Overall, the property's composition and amenities create a durable offering with enduring rental attraction, appealing to those focused on dependable returns and manageable upkeep in a small-scale multi-unit dwelling.
Local Market Insights
In Narromine, Quiet Listings observed 5 new houses entering the market over the last 30 days, down from 36 during the previous 30-day period, with an average advertised asking price of $633,000. The property type mix of listed properties is predominantly Houses at 71%, followed by others (14%), and studios (14%). Ray White was the most active agency in this area, representing 40.0% 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.
Location
Narromine NSW 2821
Market Insights for Narromine NSW 2821
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