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
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