1-6/43-47 Kamarooka Street
Barooga, NSW 3644

Overview

Outstanding Investment Opportunity - 6 Units

Located in a peaceful and well-established street within the highly desirable township of Barooga, situated on the border between New South Wales and Victoria, and just a short distance from the scenic Murray River, this collection of six brick veneer units offers an outstanding investment opportunity with promising returns and potential for future growth.

Presented on a single title, this complex is perfectly suited for investors seeking a secure, low-maintenance property that provides consistent income and opportunities to enhance value over time.

Each of the six units includes:

• Two bedrooms featuring built-in wardrobes
• A bathroom equipped with a vanity, toilet, and separate shower
• A functional kitchen with electric cooking appliances and ample cupboard storage
• An open-plan dining and lounge area adjacent to the kitchen
• A separate single carport for parking
• Individual small rear yards

The complex has been well maintained, with some units having updated bathrooms. Several kitchens offer the chance for light cosmetic improvements, presenting savvy investors with the opportunity to increase rental appeal and boost returns.

Most tenants have been long-term occupants, ensuring immediate income security and stability. Current rental returns range from $260 to $320 per week per unit, resulting in an attractive overall yield of approximately 7.7%. There is clear potential for growth through minor renovations and strategic rental adjustments.

Constructed with solid brick, this property benefits from a proven tenancy history, strong rental yield, and a prime location near the river, golf courses, shops, and other amenities, making it an excellent addition to any investment portfolio.

Secure this income-generating asset today and unlock its future potential.

While every effort has been made to ensure the accuracy of the information provided, prospective buyers are advised to conduct their own investigations to verify all details.

Location