2-8 Little Beulah Street, Gunnedah, NSW 2380

Ray White Commercial (SC), in collaboration with Managed By Kate, is excited to introduce a prime regional residential investment opportunity that promises stable and attractive returns. This property, located at 2-8 Little Beulah Street, Gunnedah, will be auctioned on Tuesday, 19th November 2024.

This exceptional asset features a diverse mix of residential units, including 7 well-designed one-bedroom units and a three-bedroom, two-bathroom home. Together, these units generate a robust annualised gross rental income of approximately $132,080 per annum^, providing a dependable revenue stream for discerning investors.

The property benefits from its strategic location, positioned just a short distance from the Gunnedah Town Centre while offering the serenity of a quiet, residential street. Little Beulah Street is a tranquil cul-de-sac that enhances the appeal of this investment, combining accessibility with a peaceful living environment.

This opportunity is ideal for investors seeking a stable income-producing asset in a thriving regional market. With its strong rental yield and desirable location, 2-8 Little Beulah Street presents a compelling proposition for those looking to expand their property portfolio.

Additional highlights of the asset include:
• 7 x 1-Bedroom Units
• 1 x 3-Bedroom, 2-Bathroom home that benefits from a 2 x split air conditioning units and double carport
• 100% occupancy
• Annualised Gross Rental Income: $132,080
• Flood free location
• Site Area: 2,245 sqm*
• Zoning: R3 - Medium Density Residential
• 650m* Gunnedah Hospital
• 1.4km* to Gunnedah Train Station
• 1.7km* to Gunnedah Town Centre
• 2.4km* to Gunnedah Showground
• 76.9km* to Tamworth

2-8 Little Beulah Street, Gunnedah is offered for sale by Public Auction on Tuesday, 19th November 2024 at 10:30am (AEDT). The Auction will be held at AuctionWORKS, 50 Margaret Street, Sydney NSW 2000.

For more information, please contact the exclusive selling agents.

* Approximately
^Estimated fully leased rental income