Back 1/54 Petra Ave
Off Market

1/54 Petra Ave

South Tamworth NSW 2340

2
1
1
713 m²
House
Last sold for $230,000
Jacqui PowellJacqui Powell, last sold this property on 05 September 2022 after 24 days on market.

Overview

Investor Opportunity With Premier Tenant

When you say calling all investors, that is exactly what this opportunity is. A long-term tenant of 14 years - every landlord's dream is this two bedroom, well situated unit. Torrens titled with only two units, there are no strata fees on this property. Located directly opposite IGA shopping centre the position could not be any more ideal. The CBD area of town is less than 4.9kms away with every amenity in between - schools, shopping centres, library, clubs and golf course in closer proximity. Two bedrooms of quite good size, both with built in wardrobes and a ceiling fan in the main bedroom. The bathroom has been updated and is quite generous in size, comprising of shower over bath, vanity and toilet. The kitchen is modern with plenty of cupboard space, laminate bench tops, electric stove and oven and beautiful updated, easy care laminate flooring. The lounge is open as you walk into the unit, again with plenty of room. A split system reverse cycle air conditioning taking care of both the warmer and cooler months. The laundry is internal and separate off the kitchen, opening into the single lock up garage. A rear courtyard area and a generous front fully enclosed yard with established gardens gives you your own privacy and space and room for the gardener to enjoy. This property ticks all the boxes - long term quality tenant, no strata, centrally located, well-appointed neat and tidy unit. If you are looking to invest in a property and haven't considered a unit before - this is well worth the look. Interested??? We have the pest & building report available - this property is ready to be sold. Don't delay….. your good fortune could be missed, contact us to arrange your inspection today. - Two-bedroom unit built-ins in both rooms, ceiling fan in the main - Large open lounge room with split system reverse cycle a/c - Modern kitchen, laminate benchtops, electric stove and oven - Well-appointed bathroom, generous in size - Internal separate laundry - Single lock up garage with internal access - Front fully enclosed separate yard including rear courtyard area - Situated opposite IGA supermarket/shopping centre - Long term tenant of 14 years currently paying $220/week - Rates approx. $2,100 p/a, land size 713m²

Features

2 bedrooms
1 bathroom
1 carspace
713 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in South Tamworth over the last 12 months, the estimated median property value of 1/54 Petra Ave is $389.5k.

Median value
$389.5k
Estimated value range
$286k - $518k
Median days on market
29
Estimated value trend
47%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Tamworth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/54 Petra Ave

2022
Sold
$230,000
Private Sale/Treaty on 05 Sep 2022 by Jacqui Powell, of Partner Now Property Tamworth
2019
Sold
Undisclosed
07 Jul 2019 by Allan Myers, of The Property Co Tamworth

Happy sellers in South Tamworth

94%
94% of sellers in South Tamworth reported that their sale price either exceeded or met their price expectations.

South Tamworth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in South Tamworth over the last 12 months.

Local market activity for 2 bedroom houses in South Tamworth

In the last 12 months, 9 two-bedroom houses similar to 1/54 Petra Ave, have been sold.

This represents a 19% increase in two-bedroom houses sales when compared to the previous 12 months.

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