8 Brae St, Inverell is a 16 bedroom, 8 bathroom Unit with 8 parking spaces. The property has a land size of 863m2. While the property is not currently for sale or for rent, it was last sold in November 2004.
Raine & Horne Inverell are proud to present for sale by Expression of Interest this prime residential investment opportunity. Comprising 8 two-bedroom brick & weatherboard units situated in one of Inverell's desirable locations on Ross Hill. Set on a 2,092sqm level corner allotment with dual street frontage, this quality-built complex was constructed by one of Inverell's former and highly regarded builders & has remained within the same family portfolio for over 35 years.
Seven of the units are split-level, with one ground-level unit for added convenience.
Each residence features:
Parking and storage are well catered for with double garages for Units 1 & 2, & carports with individual storage for the remaining units.
The exterior is equally impressive, featuring private & landscaped gardens, with some units having undergone improvements over the years. The property boasts a solid and consistent rental history, including three long-term tenancies of 11, 14, 18 years respectively.
Located approximately 700 metres from Inverell's CBD, the property offers both convenience and lifestyle appeal.
Additional Information:
• The complex is currently non-strata but was constructed with provisions in place to allow future conversion to strata title.
• Council Rates: $10,099 per annum (current financial year)
• Owners Insurance: $6,600 per annum
• Contract & Income Statement available upon request for genuine enquiries
Please note: Displayed internal images include Units 2, 6, and 7
DISCLAIMER: Raine & Horne Inverell has made every effort to ensure the accuracy of the information provided. However, no warranty is given, and interested parties must rely on their own enquiries. This material does not constitute legal, financial, or professional advice. Information is subject to change without notice. Images and descriptions are for marketing purposes only and may not accurately depict the current state of the property. The agent and vendor disclaim all liability for any loss or damage arising from reliance on the information provided.
The size of Inverell is approximately 208.6 square kilometres. There are 25 parks, covering nearly 6.2% of the total area. The population of Inverell in 2016 was 11660 people. By 2021 the population was 12057 showing a population growth of 3.4% in the area during that time. The predominant age group in Inverell is 10-19 years. Households in Inverell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inverell work in a labourer occupation.In 2021, 63.30% of the homes in Inverell were owner-occupied compared with 61.90% in 2016.
Inverell has 6,558 properties. Over the last 5 years, Houses in Inverell have seen a 70.98% increase in median value, while Units have seen a 115.36% increase. As at 31 July 2026:
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