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1-3/33 Florence Lane, Tamworth, NSW 2340, 9 Bedrooms, 6 Bathrooms, House
New

$920,000 - $990,000

1-3/33 Florence Lane, Tamworth, NSW 2340

9
6
3
679m2
HouseListed on Fri Feb 28

Tamworth 9 Bedroom High-Yield Investment Opportunity - Secure Multi-Unit Complex

Discover a prime investment opportunity with this exceptional property featuring three well-constructed townhouses, each mirroring the same efficient layout. This acquisition offers robust rental yields and substantial long-term growth potential, making it a standout addition to any investment portfolio.

Investment Highlights:

? Strong Rental Yields: Secure tenancies currently yield approximately 6%, providing immediate and stable income.

? Consistent Tenancy Records: Low vacancy risk with long-term leases in place:

Unit 1: $350 p/w, lease until 26/06/2025

Unit 2: $350 p/w, lease until 12/02/2026

Unit 3: $380 p/w, lease until 19/08/2025

Property Features:

? Spacious Two-Story Layout: Each townhouse features a generous open-plan living and dining area, enhanced with split-system air conditioning for optimal comfort year-round.

? Fully Equipped Kitchen: Ample storage and bench space designed for high functionality and seamless meal preparation.

? Comfort and Convenience: Each unit includes three bedrooms with built-in wardrobes, the master with a walk-in robe and ensuite. The main bathroom features a shower, bathtub, and separate toilet for added convenience.

? Private Outdoor Living: Each townhouse boasts a private, low-maintenance courtyard-perfect for relaxation and entertainment

? Practical Additions: Internal laundry with a third toilet and a secure single lock-up garage enhance the living experience

Recent Upgrades:

Over $80,000 invested by the previous owner for essential upgrades including roofing, hot water systems, windows, flooring, air conditioning units, painting, and bathroom renovations, ensuring low-maintenance ownership.

Location and Lifestyle:

These townhouses offer both privacy and proximity to local amenities, ensuring a high desirability among potential renters.

This property not only delivers immediate income but also promises low upkeep and minimal vacancy risks. An excellent chance for investors to secure a property with solid returns and potential for capital growth.

For more detailed information or to express your interest, please contact the selling agent today. This is a rare opportunity to invest in a property that combines both high returns and strategic value.

Each Townhouse includes:

? 3 bedrooms, 2 with built-in robes.

? Master bedroom, walk-in robe and ensuite

? Main bathroom with shower, bath + separate toilet

? Open-plan living + dining with split-system air conditioning

? Private, low-maintenance courtyard

? Internal laundry with additional third toilet

? Single lock-up garage

? Unit 1 Rented $350 p/w lease exp. 26/6/25

? Unit 2 Rented $350 p/w exp. 12/2/26

? Unit 3 Rented $380 p/w lease exp. 19/8/25

? Rates approx. $6,600 p/a, Land Size: 679m?

* This information has been prepared to assist solely in the marketing of this property. Whilst all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Location

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Council Data

Planning ZoneMixed Use
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationYes
Floor Space Ratio1
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Tamworth High School
0.76 km
Secondary
7-12
Government
icsea: 854
Tamworth South Public School
1.20 km
Primary
K-6
Government
icsea: 837

Property history

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South Tamworth surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
12 Burilla Street, Tamworth
0.25 km
4
1
-m2
Year 2025 Month 02 Day 27
$550,000
Council approved
2/10 Karwin Street, Tamworth
0.07 km
2
1
-m2
Year 2025 Month 01 Day 23
$359,000
Council approved
4 LUMEAH ST, South Tamworth
0.36 km
3
1
-m2
Year 2024 Month 11 Day 12
-
Council approved
7 BEGONIA ST, South Tamworth
0.34 km
3
1
-m2
Year 2024 Month 11 Day 10
$477,500
Council approved
2/257 Goonoo Goonoo Road, South Tamworth
0.24 km
2
1
-m2
Year 2024 Month 09 Day 25
-
Council approved

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Ref:L32955560Last update:2025-02-28 04:14:45