RentBetter Property ID: 423396 (quote when calling)
Contact: 0466 962 956
Absolute cracka of a investment property rental yield 13.9%, cheapest investment property in Australia.
Although in a fairly remote part of North Western NSW, Collarenebri has all the basics needed for a quiet and comfortable country life-style. It has a Friendly Grocer, General Store, Hot Atesian Baths, Public Swimming pool, Hospital, Post Office, Pub, Servo, Mechanics, Ag Services, Centrelink, Chemist, Bowling Club, Medical Centre and Doctors. Larger centres such as Walgett and Moree are only about 1.5 hours away. The excellent Collarenebri Central school caters for pre-school to year 12 students.
The current tenant needs to stay and pays a regular $200 per week.
The owners want a quick sale (Well below Market value.)
Excellent potential for investment. Large 1012 m2 with sealed street 3 bedrooms; with air con and one with built-in wardrobe Separate lounge with combustion wood heating Family bathroom with shower over bath and fan/light/heat combination Separate toilet and verandahs front and back. Easy walking distance (100m) to all shops and services- Land 1011 m2
- Current long-term tenant in place
- Excellent investment value - New lease signed at $200p/w
- Approx. Very high rental yield
- 3 bedrooms
- Old house
- Walking distance to town amenities.
50 Wilson St. Collarenebri - 3 Bedroom Property with Long Term Tenant In Place
Positioned on a generous 1,012m² block with valuable dual street access, the home provides a practical and comfortable layout just walking distance to all local amenities. Inside, you'll find a spacious living area, a functional kitchen with ample storage, and multiple bedrooms offering flexibility for families or shared living arrangements.
Designed for easy upkeep, the property is a low-maintenance addition to any investment portfolio. The large block and dual access also present added convenience and future potential (STCA).
The home's solid structure and straightforward design ensure ongoing appeal in the rental market, while the existing tenancy highlights its consistency as an income-producing asset.
Whether you're expanding your investment portfolio or a first home buyer entering the market, this is an unbeatable investment opportunity with strong rental yield and immediate cash flow.
Solid investments at this price point are hard to come by and won't last long. Calling all investors, developers for a quick sale.
Please rely on own queries, photos provided by tenants.
