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194 Browning Street Mitchell, NSW 2795

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194 Browning Street,
Mitchell, NSW 2795

Hotel, Motel & Leisure

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Map of 194 Browning Street

Directions
  • Train stations within 5 km of 194 Browning Street, Mitchell, NSW 2795Distance
    Bathurst Station1.7 km
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  • Bus stops within 5 km of 194 Browning Street, Mitchell, NSW 2795Distance
    George Park, Rankin St73 m
    George Park, Browning St203 m
    Stewart St at Brilliant St338 m
    Rankin St After Rocket St445 m
    Rocket St and Tremain Av675 m
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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

Additional information

Mitchell, 2795 demographic data

The median household income for Mitchell is $779, 46% lower than Regional New South Wales's household income of $1,434. Mitchell has a younger age profile compared to the rest of Regional New South Wales (median age 30 vs 43). Property ownership data shows 37% of property owners in Mitchell have a mortgage.

1,179
Population
$779 per week
Median household income
30 years
Median age
Renters
Most residents
Singles
Most households
0459 406 2...
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194 Browning Street
Mitchell, NSW 2795

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