399 Morgan Lane, Broken Hill, NSW 2880

Broken Hill Property Management & Sales is pleased to present 399 Morgan Lane.

A well-maintained block of four besser brick units positioned on a generous 1,020sqm allotment and located only a short distance from Broken Hill’s main streets and everyday amenities.

Each of the four units is a mirror image of the other, offering a practical and consistent two-bedroom layout with comfortable living space, a modern kitchen, tidy bathroom and its own internal laundry.

Each residence also enjoys a private courtyard and dedicated off-street parking space, providing tenants with their own outdoor area and added convenience.

The property has been well maintained and offers a solid, low-maintenance investment opportunity for buyers looking to secure multiple income-producing residences within the one holding.

Rental increases have recently been implemented across all four units, with each tenancy increasing to $250 per week from 30 September 2026. This will provide a combined rental income of $1,000 per week, or $52,000 per annum, representing a gross rental yield of approximately 8.5% based on the asking price of $610,000.

With four established two-bedroom units, individual courtyards, dedicated parking and a sizeable 1,020sqm parcel of land, 399 Morgan Lane presents an appealing opportunity for investors seeking a strong residential holding close to the centre of Broken Hill.

Disclaimer:
- This property will remain available, with all offers presented to the vendor until the exchange of contracts is completed.
- Prospective buyers are encouraged to conduct their own investigations of the property.
- Units are subject to existing tenancies in place.

Type

Block Of Units

Bedrooms

8

Bathrooms

4

Area

1,020 m²

House Size

118 m²