1/10 Helenor CrescentNarrandera NSW 2700
Property Details for 1/10 Helenor Cres, Narrandera
1/10 Helenor Cres, Narrandera is a 7 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 871m2.
Last Listing description (May 2026)
Whether you're a seasoned investor, entering the market, or looking for potential, this property presents a standout opportunity.
Key Features:
Returning $50,700 per annum!!
Presenting a 7%+ gross rental return
Fully tenanted with established rental history
Torrens title - no strata or body corporate fees
Dwelling:
Set on a generous 871sqm allotment, this solid brick complex comprises one 3-bedroom unit and two 2-bedroom units.
Unit 1: This 3-bedroom unit has been almost fully renovated, featuring brand-new flooring throughout, fresh paint, and new blinds. Currently leased at $385 per week.
Unit 2 & 3: Both 2-bedroom units are well presented and comfortably maintained, each returning $295 per week.
Location:
Ideally positioned in the heart of Narrandera, NSW, this property offers a central Riverina setting with convenient access to local amenities, schools, and transport links, while remaining well connected to major regional centres, supporting the continuous drive of strong rental demand.
Value-Add Potential:
A rare opportunity to secure a high-yielding asset with upside potential, including:
Further renovations to enhance capital value
Scope to improve rental returns over time
Ability to benefit from improving market conditions
Potential strata subdivision (STCA)
Supported by ongoing and planned local infrastructure upgrades
Flexibility to live in one dwelling while renting out the other two for dual income streams
This type of opportunity is rarely seen on the market. Multi-unit assets in this price bracket returning $50,700 per annum are increasingly scarce.
Property History for 1/10 Helenor Cres, Narrandera, NSW 2700
- 04 May 2026Listed for Sale Price Guide | $689,000 - $749,000
- 29 Aug 2025Listed for Rent $385 / week
- 12 Mar 2025Listed for Rent $315 / week
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0About Narrandera 2700
The size of Narrandera is approximately 357.9 square kilometres. It has 14 parks covering nearly 0.9% of total area. The population of Narrandera in 2016 was 4375 people. By 2021 the population was 4369 showing a population decline of 0.1% in the area during that time. The predominant age group in Narrandera is 10-19 years. Households in Narrandera are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narrandera work in a labourer occupation.In 2021, 69.40% of the homes in Narrandera were owner-occupied compared with 68.30% in 2016.
Narrandera has 2,811 properties. Over the last 5 years, Houses in Narrandera have seen a 91.87% increase in median value, while Units have seen a 46.27% increase. As at 30 April 2026:
- The median value for Houses in Narrandera is $382,569 while the median value for Units is $363,110.
- Houses have a median rent of $420 while Units have a median rent of $300.
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