10/7 Jenkins Street, Narrabri NSW 2390

2-bedroom unit | Narrabri town centre | existing lease to 2026 | flood overlay flagged This property offers a rare combination of immediate rental income and a central Narrabri location, making it particularly suited to investors seeking a low-management regional holding. The existing lease until September 2026 provides income certainty from settlement, while the 70-square-metre internal area and single car space are competitive for the local market. The 75% owner-occupancy rate in the complex suggests stable neighbour quality and lower turnover risk. The flood overlay is the primary concern and requires thorough investigation through council records and insurance quotes before proceeding. The wide valuation range of $255,000 to $345,000 indicates market uncertainty, and the 1975 build era may mean higher ongoing maintenance costs through strata contributions. The inconsistent parking data and sparse local sales history demand verification of title details and a professional building inspection. For a buyer comfortable with regional liquidity risk, this unit presents a viable entry point with built-in cash flow.