194 Browning Street, Mitchell NSW 2795

Other:   Bedroom Icon 15 Bathroom Icon4 Land Size Icon 893m2

Price: CONTACT AGENT

HIGH YEILDING INVESTMENT PROPERTY

If you’re looking for a solid return on investment, 194 Browning Street is the perfect property. Located just a few minutes walk from the University campus and the Bathurst CBD, this is a rare opportunity to secure a fantastic property.

Investment Highlights:

– 14 rooms with an average weekly rent of $210 per room, plus a self contained separate unit with an income of $280 per week (a potential return of $167,440 gross per year)
– Separate electricity meters for each room allowing tenants to pay for their own electricity consumption
– All rooms are furnished with a bed, tv, refrigerator & desk
– Shared commercial kitchen facilities with timers on cooktops
– Spacious common living, dining and alfresco areas
– Ideal student accommodation
– 6.6kw solar system (approx)
– Coin operated laundry facilities
– Off street parking available at an extra cost to tenant
– Security system with cameras on the exterior of the building & in common areas
– Community bike rack
– NBN available on premises
– Low vacancy rates
– Well maintained with the current owners boasting high attention to detail
– Fantastic central location, close to schools, shops, transport, University & sporting facilities

With the potential for growth unitising short stay or AirBnb accommodation, this unit complex offers a rare opportunity to secure a solid investment with a high return. For detailed information about this amazing opportunity to buy in Bathurst call Ben Stevens on 0422 226 809.

Property ID: 1338208

Rumpus Room
Built In Robes
Balcony
Air Conditioning
Broadband
Dishwasher
Alarm System
Outdoor Entertaining Area
Solar Panels
Contact Agents
Ben Stevens
Ben Stevens

Director

Office: 02 6332 2900
Mobile: 0422 226 809

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Brent Osborne
Brent Osborne

Director

Office: 02 6332 2900
Mobile: 0422 384 202

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Professionals Bathurst
55 William Street, Bathurst NSW 2795 | Phone 02 6332 2900