NSW

Harrington

43 High Street

Price Guide: Sold
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Bedrooms:
6
Bathrooms:
3
Car Spaces:
0

Positioned in a prime location in High Street. This exceptional investment property presents an outstanding opportunity for astute investors. Seeking immediate rental income with a future development upside. Boasting a commanding position on a 644m2 parcel of land this property offers breath-taking river and mountain views. With the potential to build up and capture even more spectacular panoramic sights, including stunning ocean vistas to the south.

Key Investment Highlights:

One Title, Three Units: A rare find with strong rental income potential and future flexibility.

Steady Returns: Two tenanted units providing a solid rental income, with a combined weekly return of $625, equating to a healthy rental yield of approximately 3.94%

Unit Layouts: Two upper-level units offer varying layouts, both featuring external front veranda's overlooking beautifully maintained gardens.

Additional Potential: The downstairs unit requires minimal renovation to transform into a cozy studio or bedsitter, adding further rental value.

Convenient Amenities: Shared laundry facilities and dedicated parking for each unit ensure ease of living for tenants.

Prime Development Site: Investors and developers will appreciate the opportunity to build upwards, maximizing the breath-taking mountain and ocean views while increasing future capital growth.

Centrally located near all essential amenities, this property is perfectly positioned for strong rental demand and long-term appreciation. Whether you’re looking to secure an already profitable investment or unlock the full potential of this premium site through development, this is an opportunity not to be missed! Secure your future in one of the most sought-after locations.
Contact us today to arrange an inspection!

Note: The information we have obtained are from sources we believe to be reliable. However, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Type
Residential
Property Category
House
Garages
0
Land Size
644.0 Sqm

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One Agency Manning Valley
Principal & Licensee
Call Justin on
0421 773 100
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