35 Riddell Street, Bingara, NSW 2404

$550,000

Block Of Units
Type
4
Bedrooms
2
Bathrooms
2
Parkings
1,422 m²
Area

Last updated on Saturday, May 30, 2026 ( See property details for 35 Riddell Street, Bingara, NSW 2404)

$550,000

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

A versatile investment property comprising two spacious, tenant-occupied units in the heart of Bingara, offering excellent rental income and lifestyle amenities.

🏡 Property Highlights

  • Two well-maintained 2-bedroom units with long-term tenants
  • Gross rental yield of 4.7% with a weekly income of $500
  • Separate back yards and outdoor verandahs for each unit
  • Prime location opposite the local football oval and within walking distance to town and schools
  • Spacious open plan living and excellent-sized kitchens
  • Ideal investment opportunity in the heart of Bingara

✨ Key Features

  • split system reverse cycle air conditioners in living area
  • great sized open plan living and dining areas
  • yard separate back yards for both properties
  • outdoor front verandah areas
  • combined bathroom & laundry
  • long-term tenants currently residing
  • walking distance to town & local school
  • area: 1,422 m²
  • property type: Block Of Units
  • Bedrooms: 4

Bingara is a charming rural town offering a close-knit community atmosphere, excellent local amenities including schools, shops, and healthcare, abundant outdoor recreational activities at nearby natural reserves, and a vibrant community events calendar, making it an ideal place for families and investors alike.

What is the current condition of the units and are there any recent renovations?
The units are well-maintained with spacious living areas, excellent kitchens, and modern split system air conditioning, with no recent renovations noted.
Are there any additional costs or fees associated with the property?
Potential costs may include property management fees, council rates, and maintenance expenses; specific details should be confirmed with the seller or agent.
What are the zoning and planning restrictions for this property?
The property is zoned for residential use within Bingara, suitable for investment or potential development, but specific zoning details should be verified with local council.
Is the property compliant with all local building and safety regulations?
The units appear compliant with standard safety features such as security screens and fly screens, but a thorough inspection and compliance check are recommended.
What is the history of the tenants and lease agreements?
Both units currently have long-term tenants residing, with rental income of $500 per week; details of lease terms should be obtained from the current property manager.
Are there any upcoming or planned developments in the area that could affect property value or noise levels? Has the property been inspected for structural issues or pest infestations? Are there any easements, covenants, or zoning restrictions that could impact future use or renovations? What are the total annual costs including council rates, insurance, and maintenance? Is there any history of flooding or bushfire risk in this area? Are there any strata or community management fees applicable to this property? What is the condition of the roof, plumbing, and electrical systems? Are there any planned infrastructure projects nearby that could impact the property? Is the property compliant with all current building codes and safety standards? Are there any restrictions on renting or sub-letting the units?

35 Riddell Street, Bingara, NSW 2404 - More Details

$550,000

Type
Block Of Units
Bedrooms
4
Bathrooms
2
Parkings
2
Area
1,422 m²

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