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  • 194 Browning Street, MITCHELL, NSW 2795

194 Browning Street, Mitchell, NSW 2795

  • 15 Bed
  • 3 Bath

For Sale

CONTACT AGENT

HIGH-YIELD INVESTMENT OPPORTUNITY IN PRIME LOCATION

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

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avatar Grant Maskill-Dowton
Grant Maskill-Dowton
Director

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Property Info:
  • Property ID: L922163
  • Property Type:Other
  • Land Area:892 sqm
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Provided By
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We Know Your Area
R&H Suburb Profile: Mitchell
R&H Suburb SummaryUnits
Number of sales3
Average Price$248,000
Median Price$407,000
Median Rental Price$390 p.w.
Change in Rental Rate (5yr)75 %
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