A Practical Investment with Immediate Returns

Offering a practical layout, multiple parking options and an established tenancy, this well-maintained property presents an appealing opportunity for investors seeking reliable rental income with potential to improve returns. Currently leased at $450 per week, with an estimated rental return of $540–$560 per week, the property offers scope for increased income while providing the added benefit of a long-term tenant already in place.

Inside, three well-sized bedrooms all feature built-in wardrobes, while the spacious living area is equipped with evaporative heating and air-conditioning and a gas wall heater for year-round comfort. The kitchen and dining area offer ample storage and gas cooking facilities, creating a functional space suited to everyday living.

Outside, the property continues to deliver on practicality, with a single carport at the front, a double carport at the rear and a shed with roller door access, providing excellent flexibility for additional vehicle storage, a workshop or extra storage space. The fully enclosed, low-maintenance front and rear yards, covered rear patio and convenient rear access further enhance the property’s appeal.

Positioned just a five-minute drive from Bathurst CBD, the location offers convenient access to local amenities, employment opportunities and essential services.

For investors, the combination of an existing long-term tenancy, potential rental growth and practical features makes this a compelling addition to any portfolio. Equally, first-home buyers may see an opportunity to secure an affordable entry into the property market, with the option to enjoy the benefits of the existing tenancy before planning their future move.

FEATURES YOU WILL LOVE;
– 3 bedrooms all with built-in wardrobes
– Large living area with heating and cooling
– Enclosed front and rear yard
– Single carport with rear access to double carport
– Shed with roller door for additional parking or workshop

FAST FACTS

Land Size: 480sqm
Home Size: 94sqm
Rates: $769.00 per quarter
Current Rent: $450 per week (Estimated Rental Return $540-$560 per week)
Bathurst West Public School (Zoned) 0.85km
Denison College Bathurst High Campus (Zoned) 0.78km

DISCLAIMER
All information (including but not limited to the property areas, floor size, price, address and general property description, opinions and/or articles) on the McGrath website is provided for general information and/or educative purposes only. The content does not constitute professional advice (be it of a legal, financial or taxation nature) and should not be relied upon as such.