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59 Malpas Street, Guyra, NSW 2365, 8 Bedrooms, 4 Bathrooms, Unit

$599,000

59 Malpas Street, Guyra, NSW 2365

8
4
4
3167m2
UnitListed on Fri Nov 1

Guyra 8 Bedroom Calling the Astute Investor, 4 x 2 Bedroom Block of Flats

The mostly double brick constructed block of flats, generous land area, desirable address, high rental demand and proximity to the CBD all provide the necessary ingredients for a successful property investment opportunity. Strong capital growth in the years to come and excellent returns in the meantime are all but assured. This rare offering also features;

? Market rent of approx. $60,320 (full lease details available)

? Off-street parking via carports/sheds at the rear of the site

? New roof and access stairs

? Level 3,167m2 block

? Excellent access to CBD, medical and schools

? High rental demand assured due to the desirable location

? Approx 200m stroll to the CBD

There are 4 units, each consisting of 2 large bedrooms with built-ins, large lounge area, kitchen and bathroom. Each unit has a single carport. Tenants can walk to town with no need for a car. There is the potential to renovate and further increase returns.

Also included is a bonus 2000 m2 vacant block located at the rear of the property providing opportunity for further development.

Inspection of this solid investment is a must at this price it will not last, call me today or you will miss out.

Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$67,500
Land3167m²
Planning ZoneGeneral Residential
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Lot Size600 m2
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Guyra Central School
0.79 km
Combined
K-12
Government
icsea: 864

Property history

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Guyra surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
24 Youman Street, Guyra
0.28 km
3
1
-m2
Year 2024 Month 12 Day 08
$430,000
Council approved
7 White Street, Guyra
0.63 km
3
2
-m2
Year 2024 Month 11 Day 21
-
Council approved
42 LLANGOTHLIN RD, Guyra
0.53 km
3
2
-m2
Year 2024 Month 11 Day 04
$410,000
Council approved
59 OLLERA STREET, Guyra
0.61 km
7
3
-m2
Year 2024 Month 10 Day 17
-
Council approved
172 Bradley Street, Guyra
1.12 km
5
2
-m2
Year 2024 Month 08 Day 13
-
Council approved

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Ref:eagle_1501940Last update:2024-11-05 04:03:51