{"Slug":"block-of-units-399-morgan-lane-broken-hill-nsw-2880","CanonicalUrl":"https://realsearch.com.au/block-of-units-399-morgan-lane-broken-hill-nsw-2880","Address":"399  Morgan Lane, Broken Hill, NSW 2880","Suburb":"Broken Hill","State":"NSW","Postcode":"2880","PropertyType":"Block Of Units","Status":"For Sale","Headline":null,"Description":"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.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$610,000"},"Bedrooms":"8","Bathrooms":"4","Parking":null,"Features":[{"Name":"Bedrooms","Value":"8"},{"Name":"Bathrooms","Value":"4"},{"Name":"Area","Value":"1,020 m²"},{"Name":"House Size","Value":"118 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-31.94342627,"Longitude":141.45725071,"Agent":{"Name":"Elizabeth PageKemp","CanonicalUrl":"https://realsearch.com.au/agent/elizabeth-pagekemp"},"Agency":{"Name":"Broken Hill Property Management - Broken Hill","CanonicalUrl":"https://realsearch.com.au/agency/broken-hill-property-management-broken-hill"},"CreatedAt":"2026-09-02T07:57:58.2290786","UpdatedAt":"2026-09-02T07:57:58.2587369"}