288-290 Peel Street
Bathurst, NSW 2795

Overview

288-290 Peel Street, Bathurst, NSW, 2795

This unique property presents a rare and highly appealing opportunity to acquire two low-maintenance residences on a single title, located just minutes from the Bathurst CBD. The combined address of 288 & 290 Peel Street offers an exceptional blend of immediate dual rental income, updated interiors, strong tenant appeal, and future flexibility, including the potential to subdivide into two separate titles, subject to council approval.

Both residences have undergone renovations and improvements in recent years, maintaining very good condition throughout. They feature modern neutral finishes, a new roof, and practical layouts designed to meet the demands of long-term rental tenants.

Property Overview:

288 Peel Street

• Renovated semi-attached residence with 2 bedrooms and 1 bathroom
• Both bedrooms are generously sized and include built-in wardrobes
• Currently leased at $430 per week
• Open-plan kitchen, dining, and lounge area
• Electric oven complemented by gas cooking facilities
• Ducted heating system for year-round comfort
• Rear carport parking available

290 Peel Street

• Well-presented semi-attached residence with 3 bedrooms and 1 bathroom
• Currently leased at $460 per week, with potential for rental increase
• All bedrooms are spacious and fitted with built-in wardrobes
• Open-plan kitchen, dining, and lounge area
• Electric oven with gas cooking
• Ducted heating system
• Rear carport parking
• Rear deck and entertaining area for outdoor enjoyment
• Annual rates approximately $2,932.26

Additional Features:

• One large shed plus two separate smaller sheds, offering potential for separate leasing opportunities
• Low-maintenance block with strong appeal to tenants
• Recent internal and external improvements enhance the property's value
• Conveniently located close to schools, public transport, and the Bathurst CBD
• Block size totals approximately 794 square meters
• Annual rates approximately $2,620.21

The Investment Edge:

This property is ideal for investors seeking a set-and-forget investment, a high-performing dual-income asset, or a property with future title-split potential (subject to council approval). It ticks all the boxes in a tightly held and sought-after location, offering both immediate income and long-term growth prospects.

For further information or to arrange a viewing, please contact the listed agents.

Disclaimer: All information provided is gathered from sources deemed reliable. While every effort has been made to ensure accuracy, no guarantee is given, and interested parties should conduct their own investigations.

Location