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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 Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 15
- Bathrooms
- 3
- Land Area
- 892 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Mitchell
This 15-bedroom land in Mitchell, NSW 2795 sits within reach of public transport, local shops and nearby schools.
Schools near Mitchell
- Skillset Senior Collegesecondary · 10-12 · CoEd
What's nearby
- George Park, Browning St (bus) — 204 m away
- My Brilliant Hair — 472 m away
- George Park — 285 m away
- Hector Park — 938 m away
- Ashelford Apex Park — 945 m away
Mitchell at a glance
Full suburb profile- Population
- 1,179
- Median age
- 30
- Household income
- $779/wk
- Median rent
- $215/wk
- Median mortgage
- $1,235/mo
Source: ABS Census.
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