Attention Investors!

406 CADELL STREET, HAY NSW 2711

Sold Sold Date: 18 April 2025 BlockOfUnits

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Bedroom

Bath

Car Spaces

Land Size

828.0 m²

Property Type

BlockOfUnits

Property Description

Discover an outstanding opportunity at 1-3/406 Cadell Street, Hay. This exceptional block of units comprises seven bedrooms and three bathrooms across a substantial 828 square metre land parcel. With a configuration of two cosy 2-bedroom units and a more spacious 3-bedroom unit, each unit benefits from individual carports, catering to a variety of tenant needs.

Unit 1 has undergone a refurbishment, featuring fresh paintwork, an updated bathroom, and new carpet tiles, making it ready for immediate occupation or rental.�Unit 2 remains in its original condition, currently hosting long-term tenants, signalling reliable income continuity.�Unit 3 is in average condition, presenting further potential to enhance and maximise returns.

The property includes a large tandem lock-up shed at the rear, which presents an additional revenue stream; it could be coupled with the 3-bedroom house or leased separately as a storage unit.�
The current rent potential stands at an attractive $565 per week, broken down as follows:
- Unit 1: $180 per week - vacant
- Unit 2: $140 per week - tenant on periodical lease
- Unit 3: $210 per week - vacant
- Shed: $35 per week - vacant

Strategically positioned just one block away from the local swimming pool and a mere two blocks from the bustling CBD, this investment assures both convenience and appeal. Murphys Lane flanks the property, ensuring easy access for all occupants.�
Secure this versatile investment package and watch your portfolio flourish in the heart of Hay.

Property Details

Land Size

Bedrooms

Bathrooms

Car Spaces

828.0 m²

Type

Status

BlockOfUnits

Sold

Floor Plans

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Trent Lloyd

0407 813 983

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1300 98 20 50

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