Tenterfield NSW 2372 109 Manners Street
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3  Beds
  |  
1  Bath
  |  
2  Cars
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First National Real Estate Alford & Duff
One For The Investor
Centrally located on towns doorstep in the heart of historic Tenterfield is this great opportunity to secure a property that has the potential for two sources of income.
Firstly there is an older style north-facing home in need of some TLC consisting of 3 bedrooms, front sunroom, spacious kitchen, lounge with combustion heater, bathroom and laundry. With some restoration inside and out, this home would present a sound rent return or make a comfortable home for any owner occupier.
Secondly, the house is located behind the local Mitre 10 hardware store. A section of the backyard is utilised by Mitre 10 for the storage of their gas cylinders. There is a 3 year lease in place at $50.00 per week ($217.00 per month) for the access and utilisation of this facility.
The total land size is 674m2 with some new colorbond fencing. The house with small yard space is fenced off separately and the remainder of the land has a double carport with the gas storage area at the rear.
This is an attractive option with an eye-catching price tag and return.
Inspections recommended.
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