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1-5/31 Wombat Street,
Young 2594, New South Wales
Price withheld
Property details
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Agents
Multi-Tenancy, Resi Investment - Better than Money in the Bank!
Beyond it's character double brick facade, lies five (5) self contained home units which have all been progressively refurbished.
The properties now present at their best, have enjoyed consistent rental growth and maintained low vacany over many years.
Complex comprises 4 x 2 beds/1 bath unit + 1 x 1brm/1bath unit with undercover car spaces to each from the sealed rear lane.
Its current return on investment (RTO) sits at 8.25% gross with a healthy, combined gross rental income of $73,840pa/$1,420pw.
All 12 mth leases are current with four (4) leases expiring in the period Auguest 2025-May 2026, providing the assurances you need.
Further potential to grow its RTO as leases fall due and Young's rental market continues to perform at an unprecedented level.
Professionally managed for almost 20 yrs with the benefit of tenancy and R&M maintenance history for due diligence purposes.
Deceptively set on approx. 1,012sqm's, its central, Wombat St location doesn't get much better, nor does its investment yield.
Please Note: Whilst all care has been taken by Ray White Young to ensure accuracy in preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.
Explore the area
School catchments
- Young High School Secondary 7-12 Government 0.39km
- Hennessy Catholic College Secondary 7-12 Catholic 0.50km
- Young Public School Primary K-6 Government 0.53km
- New Madinah College Combined K-10 Independent 0.62km
- St Mary's Primary School Primary K-6 Catholic 1.2km
- Young North Public School Primary K-6 Government 1.3km
- Maimuru Public School Primary K-6 Government 11.2km
- Wombat Public School Primary K-6 Government 12.9km
- Monteagle Public School Primary K-6 Government 14.8km
- Murringo Public School Primary K-6 Government 20.3km
- Trinity Catholic Primary School Primary K-6 Catholic 25.7km
- Wallendbeen Public School Primary Government 26.2km
- Murrumburrah Public School Primary K-6 Government 26.5km
- Murrumburrah High School Secondary 7-12 Government 27.6km
- Greenethorpe Public School Primary K-6 Government 37.0km
- Koorawatha Public School Primary Government 39.8km
- St Joseph's Primary School Primary K-6 Catholic 40.6km
- Boorowa Central School Combined K-12 Government 41.6km
- Sacred Heart Central School Combined K-10 Catholic 42.7km
- Cootamundra High School Secondary 7-12 Government 43.5km
- The Henry Lawson High School Secondary 7-12 Government 47.8km
- St Raphael's Catholic School Cowra Combined K-12 Catholic 65.0km
- Cowra High School Secondary 7-12 Government 66.7km
- Temora High School Secondary 7-12 Government 70.7km
- St Anne's Catholic College Combined K-12 Catholic 71.2km
- Yass High School Secondary 7-12 Government 80.5km
- Gundagai High School Secondary 7-12 Government 84.1km
- Junee High School Secondary 7-12 Government 88.9km
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.
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Contact David Coombes
Contact David Coombes
David Coombes
1-5/31 Wombat Street, Young NSW 2594
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David Coombes
1-5/31 Wombat Street, Young NSW 2594