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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

24 Johnson Street
Forbes, NSW 2871

4
Bed
2
Bath
2
Cars
Land Size: 650 sqm
Property Type: Block of Units
Last Updated: 26 Mar 2026
Overview

Ray White Forbes - (02) 6851 1411

This unique property presents an exceptional opportunity to acquire two well-positioned two-bedroom units on a single title, providing immediate rental income and promising future growth potential.

Unit 1 is currently leased at $285 per week under an ongoing lease. It features two generously sized bedrooms, an open-plan kitchen and living area equipped with split system air conditioning, an original bathroom enhanced with an updated vanity, a single garage, and a private, separate yard. This unit is ideal for investors seeking to renovate and increase rental returns or maintain reliable long-term tenants.

Unit 2 is leased at $400 per week until 30 October 2026. It offers two bedrooms with ceiling fans, an open-plan living space complemented by a beautifully renovated kitchen and split system air conditioning, a stylish and modern bathroom, updated flooring, and fresh paint throughout. It also includes a single garage and a private, separate yard. Fully renovated with a contemporary finish, Unit 2 provides a low-maintenance, 'set-and-forget' investment option.

Key features of this property include a combined rental return of $685 per week, a flood-free location, solid brick construction, and proximity within walking distance to the town and local amenities. The property holds strong potential for future rental growth.

Whether you are looking to enhance returns through renovation or secure a dual-income investment in its current state, this property offers a comprehensive solution that meets diverse investment goals.

Location
24 Johnson Street
Forbes NSW 2871
Market Insights for Forbes NSW 2871
New Listings (last 30 days)
7
Average price
$620,714
Lowest price
$310,000
Highest price
$1,050,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.