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330 Oxide Street, Broken Hill NSW 2880

$200,000 - $220,000

Search Band Search Visibility Band

$220k - $242k Low Confidence Calculated based on limited search observations.

House 3 Beds 1 Bath 1 Car 552 m²

Listed: 32 days ago

Overview

Situated close to essential local amenities such as the Tydvil Hotel and the hospital, this semi-detached house offers an excellent opportunity for investors or those looking to enter the Broken Hill property market.

The property comprises three spacious bedrooms, providing ample living space for a family or tenants. An entry hallway guides you through to the rear of the home, facilitating a practical flow and separation of living spaces. The kitchen is equipped with a gas cooktop and offers generous cupboard and bench space, enhancing usability for cooking and meal preparation. The inclusion of a split-system air conditioner in the kitchen adds comfort in varying seasons.

The combined bath and laundry area optimizes space and functionality, while heating is provided through a gas heater complemented by evaporative cooling, ensuring year-round comfort.

The yard area is predominantly concrete, which reduces maintenance and provides a secure space, featuring a garage accessible via the front driveway. This setup adds valuable off-street parking, suitable for a car or additional storage needs.

Currently leased at $295 per week with a new six-month lease in place, the property presents an immediate income stream for investors, with tenancy stability ensured in the near term.

The auction for this home is an unconditional sale, indicating a commitment to complete the sale immediately upon the hammer falling, which suggests seriousness in the transaction process. Prospective buyers are advised to have their finances and due diligence completed before bidding. The vendor also retains discretion to withdraw the property from auction if a favorable offer is received beforehand. Terms include a 10% deposit with the balance due within 42 days.

Local Market Insights

In Broken Hill, Quiet Listings observed 10 new houses entering the market over the last 30 days, down from 15 during the previous 30-day period, with an average advertised asking price of $513,800. All new listings observed during this period were Houses. The most active agency for houses in the Broken Hill area is currently First National, representing 50% of new listings, followed by Ray White with 20%. 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.