Mike Brady
36 Carroll St

Agent Introduction

On behalf of the vendors and Gunnedah First National, we would like to welcome you to 1 & 2/36 Carroll Street, Gunnedah.

With interest rates falling why not bolster your returns with these residences, in a handy location that will appeal to a range of tenants. Nestled in a handy residential area of Gunnedah and an easy drive or walk to the main street is this pair of low maintenance units. Offering you two, 1 Bedroom, 1 Bathroom spacious easy-care investment units, with a gross return IOR of 7.75-8%.

The property is being offered to you:-

For Sale By Openn Negotiation (flexible term on-line Auction)

The auction has commenced and the property can sell AT ANY TIME

Expecting a start below $250,000

Please click on the links below to learn more about Openn Negotiation and why it's great for you.

Here is how Openn Negotiation Benefits buyers 

This is how the Openn process works

 

Don't want to miss out? Contact me asap if you have any questions and if you'd like to get qualified.

Welcome to Gunnedah


Gunnedah is the hub of one of Australia’s richest agricultural regions – the Liverpool Plains in North West New South Wales – and is located on the Kamilaroi and Oxley Highways. Gunnedah has a great variety of shopping, dining and entertainment venues. Residents and visitors will appreciate the variety of great cuisine that the local restaurants, pubs, clubs and takeaway venues have to offer.

Resouce rich for long term sustainability of our community - Our primary industries is an expanding, vibrant industrial and manufacturing sector, all utilising Gunnedah's prime location, abundant supply of underground water and high capacity transport infrastructure. Key industry for the shire includes diverse & highly productive agriculture (cropping and livestock), manufacturing and processing services including brick works, leather works, grain milling and coal mining. Gunnedah is also supported by a thriving commercial and retail service sector.

Farms, both family and corporate – produce summer and winter crops including wheat, sorghum, barley, cotton, sunflowers, soya beans and vegetables. The fertile soils of the region support a vast livestock industry also. Cattle, sheep and pigs from Gunnedah are renowned for their high quality and are exported all over the world.

Gunnedah is the centre of the resource rich, Gunnedah Coal Basin. Exhibiting low ash and sulphur, high specific energy and very low phosphorus, Gunnedah's internationally sought-after coal is transported by our highly sophisticated railway infrastructure to Newcastle for export- boosting Gunnedah's and the national economy. The Basin's coal production is expected to exceed 20 million tonnes per annum for some decades.

Schools & Family Support - Nurturing your children in a progressive, quality environment - Gunnedah has a number of pre-schools and long day care centres, four primary schools and two secondary schools, as well as a smaller high-quality school for children with special needs. Students are provided with quality educational programs delivered by highly qualified and dedicated teachers.

Gunnedah's retail and commercial sector provides a broadening supply of goods and services capable of supporting a growing population. With 3 major supermarkets and many nationally branded outlets, Gunnedah is a one-stop-shop not only for the Shire's residents but also many regional shoppers. Gunnedah is a welcoming community and a great place to run a new business venture. Specialised medical, airport and other services can be easily accessed via Tamworth, a mere 50 minutes travel by car.

Property Location Map Map

Property Photos Photo Gallery

 

Features at a Glance

2

2

2

594 sqm

1 & 2/36 Carroll Street, Gunnedah NSW

 
For Sale By Openn Negotiation (flexible term on-line Auction).
The auction has commenced and the property can sell AT ANY TIME.
Contact the sales agent immediately to become qualified.

- With interest rates falling why not bolster your returns with these residences, in a handy location that will appeal to a range of tenants. Nestled in a handy residential area of Gunnedah and an easy drive or walk to the main street is this pair of low maintenance units. Offering you two, 1 Bedroom, 1 Bathroom spacious easy-care investment units, with a gross return IOR of 7.75-8.25%.
- 2 units - both 1 B/R, 1 Bath, 1 Carport
- Being sold a set, these twin adjoining dwellings are maintained and have been partially updated over the years. 1 unit offers generous living area, kitchen/dining and a good size bedroom. With the smaller home offering an open living concept. Both residences bedrooms feature BIRs, and storage options in the home, updated bathrooms and separate laundry areas with private outdoor access. Refreshed paintwork, modern split system air conditioning and ceiling fans ensure tenant comfort and desirability.
- 594m2 corner block with easy-care yards, covered verandah’s, courtyards that are well fenced & side gate access. Current Rent $245 & $230 p/w. Showing 7.75-8% gross yield, plus depreciation claims. (Both leases in place until November 2020)
- Handy to downtown Gunnedah, pool, Services club, these units will always be sought after.
Council rates: $560 pq

FOR MORE INFO SMS 36 CARROLL TO 0416 907 810

 

FOR SALE BY OPENN NEGOTIATION (On Line Auction) 

The auction has commenced and the property can sell AT ANY TIME 

Expecting a start below $250,000

Council rates: $560.61 per qtr

Current Rent: $475 per wk (Both leases in place until November 2020)

 

Floor and Block Plans

 

Property Inclusions

Unit 1

Lounge Room

Carpet

Feature light

Aluminum windows

Blinds & Lace curtains

Ceiling fan

Gas point

Kitchen Dining

Lino flooring

Single sink

Fluro lighting

Electric CHEF oven

Laminate benchtops

Timber windows

Vertical blinds

2 Double power points

TECO Split system air con

Ceiling fan

Bedroom

Queen size

Carpet

BIR

Ceiling fan

Aluminum windows

Heavy curtains & blinds

Phone point

2 Double power points

Bathroom

Shower

Vanity

Exhaust fan

Toilet

Tile flooring

Laundry

Backyard access

Lino flooring

Storage

Single Tub

Inclusions / Improvements

Electric Therman 250L HWS

Cement flooring courtyard

Clothesline

 

Unit 2

Open Plan Living room / Kitchen

Lino flooring

Feature light

TECO Split system air con

Ceiling fan

Aluminum windows

Venetian blinds

Single sink

Electric EUROMAID oven

Laminate benchtops

Exhaust fan

2 Double power points

Bedroom

Queen size

Carpet

BIR

Ceiling fan

Aluminum windows

Holland blinds

1 Double power points

Bathroom

Shower

Vanity

Toilet

Tile flooring

Laundry

Backyard access

Tile flooring

Storage

Single Tub

Inclusions / Improvements

Electric Vulcan 250L HWS

Cement flooring courtyard

Clothesline

Purchasing Steps

6 STEPS TO BUYING A HOUSE

Purchasing residential real estate can be a very exciting process, however it can also be a confusing time for the prospective buyer. As you may already be aware, different agencies usually have different set of rules and standards, so we would like to inform you of the general buying process.

Property owners receive all types of interest-some genuine, some not. Some people submit offers to test the possibility of sale, but do not actually stay true with their offer.

This can lead to frustration and concern for the owners as they try to assess who is actually a genuine buyer. The best way to present a strong offer on any property is to follow the steps below that allow you to understand what is required in preparation.

Allowing you to put forward your strongest purchasing proposition to the agent. All offers must be presented to the owner in writing and all purchase details correct for filling in the contract for signing.

STEP 1 – PROVIDE AGENT WITH YOUR FULL DETAILS SUCH AS:

  • The actual purchase price you will be paying for the property.

  • The method by which you choose to pay the 10% deposit. E.g. Cheque/bond/other.

  • The settlement period that you require or the vendor has stipulated.

  • The name of your chosen Solicitor or Conveyancer.

  • The name of your bank or financial lending institution.

  • Any special conditions or requests that you may have so that we can inform the vendor (property owner).

  • All the above details can be recorded on a Formal Offer Document supplied by your agent to remove any confusion.

STEP 2 – CONFIRM YOUR TIME FRAME AVAILABLE TO DO ANY INVESTIGATIONS

Find out if the property has a deadline on it, such as auction or other offers from interested parties.

STEP 3 – DECIDE IF YOU ARE GOING TO OBTAIN A PEST AND BUILDING REPORT

Before you purchase the property - in particular a new home - it is important that you receive a copy of a Pest and Building Report from a qualified inspector. Please note that this report is a complete list of defects of the home, and is very different from the feature brochure that you receive from our agency. Most people are shocked with the report they receive on the home, e.g.  the home is 34 years old and is in need of new roof tiles. Roof tiles last approximately 35 years and need replacing on every home at that age. The point to remember here is that all homes at one time or another require maintenance, and that this is known as a capital improvement.

STEP 4 – NOTIFY YOUR BANK OF YOUR PURCHASE ADDRESS AND DETAILS

A pre-approval of finance from your bank or lending institution needs to be in place before safely proceeding with your property purchase, however many banks will approve you in principle yet may require a valuation. Don’t be alarmed if your bank or lending institution requests a valuation by a registered property valuer. This is normal practice of lending institutions, and serves as confirmation of the agreed sale price. If you are intending to buy at auction, all the above-mentioned must be in place. Auction day is final. If you turn up to bid and you are the highest bidder past the reserve price (on-the-market price) you are the instant owner awaiting settlement of the property.

STEP 5 – DON’T FORGET TO INCLUDE STAMP DUTY FUNDS IN YOUR FINAL NUMBERS

STEP 6 – MEET WITH THE AGENT AND PROVIDE ALL DETAILS FOR SIGN OFF WITH THE OWNER

Once agreement on price, settlement, conditions, etc has been reached with the vendor the sale can proceed. An exchange of contracts is the only way to actually buy or sell real estate. This is achieved by signing the contract of sale which is then processed by the agent with all legal parties.

IN SUMMARY

Preparation is key. Understand the steps of sale and have everything in place is imperative to reaching your property goals. Whether you are considering purchasing this property or another in the near future and in need of advice, please feel free to contact myself or any of our team with questions that you may have.

   We are here to assist you.

 

Surrounding Sales Evidence

  7/135 Barber St, Gunnedah

  2 bed | 1 bath | 1 car

  Sold date 20/2/2019

  Sold price $287,500

 

  1/135 Barber St, Gunnedah

  3 bed | 1 bath | 2 car

  Sold date 26/8/2019

  Sold price $335,000

 

  2/14 Bridge St, Gunnedah

  3 bed | 2 bath | 2 car

  Sold date 20/12/2018

  Sold price $350,000

Thank you for Viewing

Thank you for viewing

1 & 2/36 Carroll Street, Gunnedah.

 

If you have any queries, please do not hesitate to contact anyone from the Mike Brady Team.

 

Mike Brady

Town & Rural Sales Specialist

When you want great service-we put you FIRST!

M  |  0488 420 266

E   |  mike@2380.com.au