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Call First National Real Estate Tamworth on (02) 67666122

Lot 17 in Deposit Plan 21802 - (544 Sqm Block).

Corner unit block on 1 Title (no strata).

Potential strata subdivision of 4 Lots, subject to a D.A. approval.

Returning $68,640 gross return per year on the current weekly rents.

Now is your chance to secure this classic mid 1970's built 2 storey residential block of units located in the heart of North Tamworth. Surrounded by residential homes.

Located within a stone throw to both the public and private Hospital. Suitable for the professional style tenant, the location is moments from the North Tamworth Bowling Club, Coles Northgate & TAFE.

A testament to its construction, it has stood the test of time.

Configuration comprises of 2 units downstairs and 2 units upstairs.

Open plan living, built-ins in the bedroom, split system for heating & cooling, all in one-bathroom with separate laundry, upgraded electric hot water system units, carport for each unit finished with an individual Juliet balcony's all with a view.

All units currently leased, and tenants have indicated they would like to continue their lease. A market review of the weekly rent(s) is suggested on expiry of lease. We are not the current managing agents.

Features:
-4 x Separate power metres.
-Unit 1 - leased @ $335 p/w, expires June 2025
-Unit 2 - leased @ $350 p/w, expires February 2026
-Unit 3 - leased @ $350 p/w, expires August 2026
-Unit 4 - leased @ $285 p/w, expires September 2025

Council rates are approx. $7,900 per year.
Council water rates are user pay depending on usage - paid by the Landlord.

Contact:
David Doherty 0417-288 545 Principal.
Margo Taggart 0427-167 282 Principal.
Cheryl Scott 0429-585 520 Agent.
First National Real Estate Tamworth (02) 67666122.

Disclaimer: We have not verified whether or not that the information in this advertisement is accurate and we do not have any belief one way or the other of its accuracy. All purchasers must rely completely upon their own inquiries before purchasing.

Kamilaroi Country - First National Real Estate Tamworth proudly acknowledges the Kamilaroi people as the Traditional Custodians of the land we live & work, and their continued connection to land, water and culture. We offer our respects to Elders past, present.

First National Real Estate Tamworth is
Tamworth furnished accommodation; strata management agents in Tamworth; residential sales in Tamworth; property management agents in Tamworth; rural sales agents in Tamworth; and licensed auctioneers.

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