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194 Browning Street

Mitchell NSW 2795

15
3
892 m²
Block of units
Currently for sale - view listing

Overview

HIGH-YIELD INVESTMENT OPPORTUNITY IN PRIME LOCATION

Positioned just minutes from Charles Sturt University and Bathurst CBD, 194 Browning Street presents a rare opportunity to secure a high-performing investment property with exceptional returns. Comprising 14 fully furnished rooms plus a self-contained unit, this property is purpose-built for student accommodation and offers a strong rental yield with room for future growth. Features include but are not limited to: • 14 fully furnished bedrooms, each equipped with bed, desk, TV, refrigerator, and wardrobe • Self-contained one-bedroom unit with private kitchen, bathroom, and living area • Shared commercial-grade kitchen with timed cooktops to ensure safety • Spacious communal living, dining, and alfresco areas fostering a vibrant community atmosphere • Separate electricity meters for each room, allowing tenants to manage their own usage • Coin-operated laundry facilities for tenant convenience • 6.6kW solar system (approx.) reducing operational costs • Security system with cameras covering external and common areas • Off-street parking available to tenants at an additional cost • High-speed NBN internet connectivity throughout the property • Low vacancy rates due to proximity to university and city amenities • Potential for increased returns through short-stay or Airbnb accommodation options • Potential gross annual income of approximately $167,440

Features

15 bedrooms
3 bathrooms
892 m² lot size
Block of units

Happy sellers in Mitchell

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Local market activity for 15 bedroom block of units in Mitchell

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