1-3/10 Helenor Crescent

Whether you're a seasoned investor, entering the market, or looking for potential, this property presents a standout opportunity. Key Features: • 3 units on one title • Returning $50,700 per annum!! • Presenting a 7%+ gross rental return • Fully tenanted with established rental history • Torrens title - no strata or body corporate fees Dwelling: Set on a generous 871sqm allotment, this solid brick complex comprises one 3-bedroom unit and two 2-bedroom units. Unit 1: This 3-bedroom unit has been almost fully renovated, featuring brand-new flooring throughout, fresh paint, and new blinds. Currently leased at $385 per week. Unit 2 & 3: Both 2-bedroom units are well presented and comfortably maintained, each returning $295 per week. Location: Ideally positioned in the heart of Narrandera, NSW, this property offers a central Riverina setting with convenient access to local amenities, schools, and transport links, while remaining well connected to major regional centres, supporting the continuous drive of strong rental demand. Value-Add Potential: A rare opportunity to secure a high-yielding asset with upside potential, including: • Further renovations to enhance capital value • Scope to improve rental returns over time • Ability to benefit from improving market conditions • Potential strata subdivision (STCA) • Supported by ongoing and planned local infrastructure upgrades • Flexibility to live in one dwelling while renting out the other two for dual income streams This type of opportunity is rarely seen on the market. Multi-unit assets in this price bracket returning $50,700 per annum are increasingly scarce.