Back 31 Myrtle St
Off Market

31 Myrtle St

Gilgandra NSW 2827

7
5
4
2061 m²
Block of units
Last sold for $700,000

Overview

Block of 5 units

31-33 Myrtle St offers a unique investment opportunity comprising of 5 separate tenancies on one title. The property consists of four one-bedroom units and a standalone three-bedroom unit. This property boasts a long history of consistently low vacancy rates and currently has a gross income of $1090 per week, a potential gross return of 6.9%. These units are conveniently located in the heart of Gilgandra and are within walking distance of all local amenities. Other details include: ~ One carport space for each unit. ~ Split system air conditioning in each unit. ~ All units have combined laundry and bathroom facilities. ~ Bessa block constructed. ~ Separate yard for each unit. ~ Freshly painted. Your inspection is welcomed by appointment, noting ample notice needs to be given to the tenants. Please contact us for further details. Disclaimer: Whilst every precaution has been taken to ensure the accuracy of the above information, potential purchasers should satisfy themselves regarding information herein

Features

7 bedrooms
5 bathrooms
4 carspaces
2061 m² lot size
Block of units

Estimated Value

We need at least 3 similar 7 bedroom block of units sold in Gilgandra over the last 12 months.

Property history for 31 Myrtle St

2025
Sold
$700,000
Private Sale/Treaty on 16 May 2025
2020
Rented
Undisclosed
Leased on 23 Jul 2020 by M H Thomas

Happy sellers in Gilgandra

63%
63% of sellers in Gilgandra reported that their sale price either exceeded or met their price expectations.

Gilgandra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Gilgandra over the last 12 months.

Local market activity for 7 bedroom block of units in Gilgandra

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