Situated in a quiet, well-established street in the highly sought-after township of Barooga, right on the NSW/Victoria border and just moments from the beautiful Murray River, this solid set of six brick veneer units presents an exceptional investment opportunity with strong returns and future growth potential.
Offered on One Title, the complex is ideal for investors seeking a secure, low-maintenance asset with consistent income and scope to add value over time.
Each of the six units comprises:
• Two bedrooms with built-in robes
• Bathroom with vanity, toilet and separate shower
• Functional kitchen with electric cooking and ample cupboard space
• Open-plan dining and lounge area overlooked by the kitchen
• Separate single carport
• Separate small rear yards
The complex has been well maintained, with some featuring updated bathrooms, whilst a number of kitchens present an opportunity for light cosmetic updates, which may present the astute investor with an opportunity to further enhance rental appeal and increase returns.
Most tenants are long-standing, providing immediate income security and stability. Current rental returns range between $260.00 - $320.00 per week per unit, delivering an attractive overall return of approximately 7.7%, with clear potential for growth through minor renovations and strategic rental adjustments.
Solid brick construction, proven tenancy history, strong yield and a prime border location close to river, golf, shops and amenities make this a standout portfolio addition.
Secure the income today and unlock the future potential tomorrow.
We have, in preparing this information, used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained herein.
