RentBetter Property ID: 423396 (quote when calling)
50 Wilson Street, Collarenebri NSW 2833
3 Bed
1 Bath
1010m2 +
Leased to long term tenants
One of Australia's Cheapest Houses $100/Week Long-Term Tenant + 1010m² Block
Here's your chance to own a standalone 3-bedroom home on a huge 1010m² block in the heart of Collarenebri for less than the price of a new car. This is one of the most affordable investment properties in Australia, and it's already tenanted and ready to go.
Property Highlights:
3 bedrooms, 1 bathroom
Massive 1010m² block in the centre of town
Leased to a long-term tenant at $100 per week
Council rates approximately $700 per quarter
Walking distance to local shops, schools, petrol stations and the famous Artesian Springs
Collarenebri Central School just 0.2km away
Zoned R1 residential future subdivision or extension potential (STCA)
This property offers an entry point that barely exists anywhere else in Australia. The long-term tenant provides immediate rental income of $100 per week, and with council rates at just $700 per quarter, the numbers stack up for a low-cost, cash-flow-positive holding.
The 1010m² block is a standout feature. Developable land within the Collarenebri township is limited, and a block this size offers genuine long-term land value and future potential.
The Honest Picture:
The house is very old and original it's being sold as-is. Buyers should view this as a "buy the land, get the house included" opportunity.
Disclaimer: This listing is for marketing purposes only and does not constitute financial or investment advice. All figures, measurements and potential uses should be independently verified by the buyer. Subdivision and development are subject to council approval (STCA).
