For sale

30 Castlereagh Avenue,
Binnaway 2395, New South Wales

3 bedrooms
1 bathroom
1 car space
812m² land size
House

$249,999


Property details

Country Investment Opportunity with Immediate Returns

This 3 Bedroom Home in Binnaway although on the Older side will Give an immediate return on your investment.
Fully leased to an excellent reliable long-term tenant , currently paying $320/week

This 3-bedroom home on a generous 812sqm block with rear lane access offers an immediate 5.5% gross return on investment,
The functional kitchen and external laundry (including a second toilet)
The hard work has already started here. This home features:
Fresh interiors with recently installed Gyprock walls and ceilings throughout
Durable new flooring, including high-quality vinyl and carpet for a modern look and easy maintenance
Freshly painted interiors in a clean, neutral palette
Solar panels installed to help reduce electricity costs and improve tenant appeal
Efficient gas heating and a solid carport

Positioned in one of the best spots in Binnaway, the house is:
Directly opposite the river for a peaceful, premium outlook.
Current Rent: $320 per week ($16,640 annual income)
Low Holding Costs: Approx. $65 per fortnight council rates plus water
Approximately 100m from Central School,the public pool and Main Street - everything is at your doorstep
The large 812sqm block with valuable rear lane access provides ample room for future sheds, workshops, or further development (STCA).

Asking Price was $300,000.00 NOW $249,999.00

For your Inspection Contact
Chris Korff
0427 005090

Inspections


Explore the area


School catchments

  • Binnaway Central School Combined K-12 Government 0.24km
  • Coonabarabran Public School Primary K-6 Government 31.4km
  • St Lawrence's Catholic Primary School Coonabarabran Primary K-6 Catholic 32.2km
  • Mendooran Central School Combined K-12 Government 38.3km
  • Sacred Heart Catholic Primary School Coolah Primary K-6 Catholic 44.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top