100-102 Piper Street, North Tamworth, NSW 2340

A very rare opportunity to acquire an exceptionally large site with 2 homes and 2 large sheds and 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.

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 since the 1940s.

100 Piper Street has a one-bedroom furnished cottage of approximately 80m2 currently let and returning $14k per annum along with a large workshop/garage which has historically been used for servicing heavy vehicles.

102 Piper Street has a 1954 vintage double brick fully furnished 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 motorhome storage with potential for returns of up to 20k per annum if let for storage.

Live in and/or receive a rental income while you plan your development. There are numerous options with this property.

For developers there is also an adjoining property of 1600m2 currently on the market with a separate vendor.

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:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.