A very rare opportunity to acquire an exceptionally large site with 2 homes and 2 large storage sheds with huge development potential in a prime North Tamworth location.
Very suitable as a private home for someone who has lots of toys with the added advantage of passive rental income and land to develop.
Approximately 7500m2 of land with 2 well-maintained homes and outbuildings close to all amenities and within 2 km from central Tamworth.
The property consists of two adjacent blocks that have been in the same family for more than 80 years.
100 Piper Street has a one-bedroom furnished cottage of approximately 80m2 currently leased and returning $15k per annum along with a large workshop/storage shed on title.
102 Piper Street has a 1954 vintage double brick 5 bedroom, 2 bathroom home of approximately 300m2 with an estimated rental potential of 25-30k per annum.
There is also a carport and a very large high roof 4 bay garage/storage shed on the property currently let for storage with potential for additional rental return.
Live in one and receive a rental income while you plan your development.
Prime Location:
Central Tamworth 2km
North Tamworth Bowling Club - 350m
TAFE College - 600m
Tamara Private Hospital also in Piper Street - 750m
Barton Medical Centre - 800 m
Oxley High School - 850m
Northgate Shopping Centre also in Piper Street - 1.2km
East Tamworth Primary School - 1.2 km
Tamworth Base Hospital - 1.3 km
Aldi - 1.7 km
Bunnings and Taminda Business Park- 3km
The Phone Code for this property is: 57072. Please quote this number when phoning or texting.
Disclaimer:
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