1-3/10 Helenor Crescent, Narrandera, NSW 2700

$725,000

Block Of Units
Type
7
Bedrooms
3
Bathrooms
3
Parkings
871 m²
Area

Last updated on Friday, July 31, 2026 ( See property details for 1-3/10 Helenor Crescent, Narrandera, NSW 2700)

$725,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, high-yielding multi-unit investment opportunity in the heart of Narrandera offering immediate income and future growth potential.

🏡 Property Highlights

  • High-yielding investment with a 7%+ gross rental return
  • Fully tenanted with established rental history
  • No strata or body corporate fees due to Torrens title
  • Potential for further renovations to increase value
  • Flexible dual income streams with live-in or rental options
  • Prime central location in Narrandera with strong rental demand

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Waterfront / Views
  • Garage / Secure Parking

Narrandera is a vibrant regional centre in NSW, renowned for its strong rental demand and community amenities. The suburb offers excellent access to schools, transport, and local services, making it ideal for investors seeking stable income. Ongoing infrastructure upgrades support future growth, while its central location ensures convenience and connectivity to major regional hubs. The area combines a relaxed lifestyle with strong economic fundamentals, making it a highly attractive investment locale.

What is the current rental income and potential for future rent increases?
The property currently generates $50,700 annually, with scope to increase rental returns through further renovations and market improvements.
Are there any restrictions or approvals needed for potential subdivision or development?
Subdivision potential is subject to STCA (Subject To Council Approval), and interested buyers should consult local planning authorities for specific requirements.
What are the ongoing costs associated with this property?
As the property is Torrens title with no strata fees, ongoing costs primarily include maintenance, council rates, and insurance.
Is there any history of flooding or bushfire risk in this area?
Narrandera is generally considered to have low flood and bushfire risk, but buyers should review local council reports for detailed assessments.
What are the nearby amenities and transport options?
The property is centrally located with easy access to local schools, shops, and transport links, supporting convenient lifestyle and rental demand.
Are there any existing planning or zoning restrictions that could affect future subdivision or development plans? What are the detailed costs involved in potential renovations or upgrades? Has the property been inspected for structural issues or pest infestations? Are there any easements, covenants, or other legal restrictions on the property? What is the history of maintenance and repairs for the units? Are there any upcoming infrastructure projects or developments in the area that could impact the property? Is there any history of disputes or issues with tenants or rental agreements? What are the specific terms of the current leases, and when are they due for renewal? Are there any hidden costs or fees associated with the property that are not immediately apparent? Has the property been assessed for compliance with all local building and safety regulations?

1-3/10 Helenor Crescent, Narrandera, NSW 2700 - More Details

$725,000

Whether you're a seasoned investor, entering the market, or looking for potential, this property presents a standout opportunity.

Key Features:
• 3 units on one title
• Returning $50,700 per annum!!
• Presenting a 7%+ gross rental return
• Fully tenanted with established rental history
• Torrens title - no strata or body corporate fees

Dwelling:
Set on a generous 871sqm allotment, this solid brick complex comprises one 3-bedroom unit and two 2-bedroom units.

Unit 1: This 3-bedroom unit has been almost fully renovated, featuring brand-new flooring throughout, fresh paint, and new blinds. Currently leased at $385 per week.

Unit 2 & 3: Both 2-bedroom units are well presented and comfortably maintained, each returning $295 per week.

Location:
Ideally positioned in the heart of Narrandera, NSW, this property offers a central Riverina setting with convenient access to local amenities, schools, and transport links, while remaining well connected to major regional centres, supporting the continuous drive of strong rental demand.

Value-Add Potential:
A rare opportunity to secure a high-yielding asset with upside potential, including:
• Further renovations to enhance capital value
• Scope to improve rental returns over time
• Ability to benefit from improving market conditions
• Potential strata subdivision (STCA)
• Supported by ongoing and planned local infrastructure upgrades
• Flexibility to live in one dwelling while renting out the other two for dual income streams

This type of opportunity is rarely seen on the market. Multi-unit assets in this price bracket returning $50,700 per annum are increasingly scarce.
Type
Block Of Units
Bedrooms
7
Bathrooms
3
Parkings
3
Area
871 m²

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