from $650,000
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29 and 31 Deakin Street, Kurri Kurri NSW 2327

Apartment
77
Block size: 602 m² approx.

Make Money While You're Sleeping...

BUY ONE or BOTH

Looking for a solid return PLUS capital growth? Hard to find, right? Look no further.
Why lock your cash away at 4.8% with the bank when you can invest in real property and enjoy around 7% PLUS genuine capital growth.

29 Deakin St is on 481m2 corner lot and comprises 3 x studio apartments achieving more than $40,000 per annum gross combined.
Asking Price $650,000

31 Deakin Street is on 602m2 comprises 4 x studio apartments achieving more than $54,000 per annum gross combined.
Asking price $799,000

Rarely do these high yield investment gold-mines become available, especially fully refurbished (in 2018) and with a quality tenant base that aren't causing any headaches!

Vacancy factor for both is almost ZERO due to current rental market conditions and these are perfect for single working people who don't want share accommodation.

The two buildings are on separate titles so you can buy one OR both.

All units have an the same floor plan approx. 35m2 each and comprise kitchen, bathroom, laundry and living/bedroom. Each resident has their own entry and front and rear veranda's to enjoy.

Low outgoings and NO strata fees, these are not strata title.

Easy-care grounds just need a mow once a month or so, and we have a local yard care crew available on request.
Excellent long term Property Manager can continue doing a great job for you; or you can manage these yourself if that appeals.

This will be a truly seamless transition into an income-generating, positive geared investment that will see your nest egg grow exponentially - better than a bank!

Kurri Kurri is an ultra convenient destination for workers with the entrance to Hunter Expressway nearby, making it an easy drive to Singleton / Muswellbrook, and for a breeze CBD commuters. Plus being on the doorstep to the booming Wine Country including Roche Estate, Hunter Valley Gardens, Lovedale and Pokolbin - Kurri Kurri is growing in popularity every year.

These properties in particular are around 800m walk to the top of town, local shops and sporting facilities.

Disclaimer: The information herein is collected from sources we trust to be dependable.
However, we cannot guarantee its accuracy, so it is advisable for interested persons to rely on their own enquiries.

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

Contact Lisa Osborn to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
7
Bathrooms:
7
Property type:
Apartment
Block Size:
602 *

Other Details

OSBORN REAL ESTATE

Maps and area information

Block information
Block size: 602 (approx)
Block Map
No block information available
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history

We couldn't find any history for this property.
See Kurri Kurri's suburb profile

Kurri Kurri suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
6,174
Listing ID: 182540302. This listing has been viewed 3 times. It was first displayed on 21/05/2024 and last updated on 23/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.