23 Reid Street, Narrabri NSW 2390
Positioned in a sought-after Narrabri location, just minutes from the town centre, 23 Reid Street presents an exciting opportunity for investors looking to secure an established income-producing property with genuine potential to add further value.
Comprising four self-contained residential units, this fully tenanted complex offers the immediate appeal of existing rental income, the stability of long-term tenants and the opportunity to enhance future returns through strategic upgrades and renovations.
A Smart Investment with Room to Grow
The property comprises:
Three spacious two-bedroom, one-bathroom units.
One one-bedroom, one-bathroom unit.
Split-system air conditioning in each unit.
Four secure undercover carport spaces.
Established grounds and a fully fenced yard.
Convenient access to Narrabri's town centre, schools and everyday amenities.
All four units currently occupied by long-term tenants.
Unlock the Potential
What makes 23 Reid Street particularly appealing is the opportunity to improve the property over time.
For investors with an eye for potential, considered cosmetic improvements, kitchen and bathroom upgrades, and general modernisation could help enhance tenant appeal, improve future rental prospects and potentially increase the property's overall value.
With existing tenants in place, purchasers have the opportunity to plan improvements progressively, subject to tenancy arrangements, approvals and individual investment objectives.
Location, Income and Opportunity
Conveniently located close to Narrabri's CBD, this established unit complex combines accessibility with the benefits of multiple residential tenancies.
Whether you're an experienced investor looking to expand your portfolio or a buyer seeking an opportunity to enter the multi-unit investment market, 23 Reid Street deserves serious consideration.
Four units. Four income streams. One address with potential.
Features
- Air Conditioning
- Fully Fenced
- Secure Parking
