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8.1% GROSS RETURN "OPPORTUNITY KNOCKS"

31 Wombat Street, Young, NSW 2594

8 beds 5 baths 5 cars 1,012sqm
House

$500,000

1 / 9
person
Colin Durham
31 Wombat Street for Sale
Presenting an outstanding investment property currently attracting a healthy gross rental return of 8.1% located at 31 Wombat Street Young. This budget accommodation investment opportunity, only minutes walk to Young's CBD on an elevated allotment of 1012sqm. Five fully equipped apartments all professionally managed each returning from $130 to $180 per week ($180, $130, $155, $135, $180 these rents are low compared to Young's averages). A serious proposition for a self managed super fund portfolio or investors, there is no time to waste as the owners have decided the time to sell is now.

*2 x 2 bedrooms, 2 x 1 bedroom, 1 x 1.5 bedroom car spaces for each
*Budget accommodation of five fully self contained apartments
*Gross rental income of approx $40560 per annum or $780 per week
*Estimated gross income 8.1% (much better than bank interest)
*Potential to grow & increase returns, located close to all amenities
To book an inspection or to find out more about this 8 bedroom house for sale at 31 Wombat Street, Young, contact Colin Durham from LJ Hooker - YOUNG via the contact form or phone.

Features
Land Area: 1,012sqm
Parking: 5 Lockup Garages
What's Nearby
What's Nearby
Schools
Transport
Eats
Shopping
Inspection Times

There are no upcoming inspections or auctions scheduled. Email Agent to make an appointment.

How much can I borrow?
$
%
$2245.22 /month
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SA1 - 1100511 Meet the Neighbours near 31 Wombat Street

Before you buy 31 Wombat Street, Young spend a moment to look over these stats and figures about the properties in this neighbourhood pocket within Young. You can see demographics for the local area, including age and earnings. These stats are for 200 properties around 31 Wombat Street, Young and then compares it to the rest of the suburb.

$1,879
Monthly Personal Income
$2,706
Monthly Household Income
$1,387
Monthly Mortgage Repayments
The average age is 49
Majority are Couples without children
Most residents Renting
Weekly Income
Pocket
Young
Employed as Health care and social assistance
Health care and social assistance
Agriculture forestry and fishing
Retail trade
Manufacturing
Accommodation and food services
Pocket Profile
Ask Colin about 31 Wombat Street, Young, NSW 2594
person
Colin Durham
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