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194 Browning Street

Mitchell, NSW 2795, Australia
$470,000
15 bed 3 bath892m²

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Area Price Guide
$441,800$498,200

Indicative price guide range

🏘️
62
Comparable
📊
$700,000
Area median
⚖️
-33%
vs median
📐
$527
Per m²
📏
892 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Positioned just minutes from Charles Sturt University and Bathurst CBD, 194 Browning Street presents a rare opportunity to secure a high-performing investment property with exceptional returns. Comprising 14 fully furnished rooms plus a self-contained unit, this property is purpose-built for student accommodation and offers a strong rental yield with room for future growth. Features include but are not limited to: • 14 fully furnished bedrooms, each equipped with bed, desk, TV, refrigerator, and wardrobe • Self-contained one-bedroom unit with private kitchen, bathroom, and living area • Shared commercial-grade kitchen with timed cooktops to ensure safety • Spacious communal living, dining, and alfresco areas fostering a vibrant community atmosphere • Separate electricity meters for each room, allowing tenants to manage their own usage • Coin-operated laundry facilities for tenant convenience • 6.6kW solar system (approx.) reducing operational costs • Security system with cameras covering external and common areas • Off-street parking available to tenants at an additional cost • High-speed NBN internet connectivity throughout the property • Low vacancy rates due to proximity to university and city amenities • Potential for increased returns through short-stay or Airbnb accommodation options • Potential gross annual income of approximately $167,440

Property Features

    View full listing on Domain

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    Repayment calculator

    $2,279/month
    $1,139 /fortnight
    Loan $376,000 at 6.10% over 30 years

    Upfront costs

    Deposit$94,000
    Stamp duty$13,362
    Conveyancing (est.)$2,000
    Total upfront$109,362
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Bedrooms
    15
    Bathrooms
    3
    Land Area
    892m²
    Listed
    2 months ago

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