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185 Tamar Street

Ballina NSW 2478

3
1
1
809 m²
House
Currently for sale - view listing

Overview

Central Ballina Opportunity with Space, Income & Future Upside

Set on a large 809m² parcel in a convenient central Ballina location, 185 Tamar Street offers an appealing mix of immediate livability, investment potential and future opportunity. The existing three-bedroom home provides a comfortable entry point for first home buyers, while investors can benefit from an established tenancy in a high-demand rental housing market. The generous block is enhanced by a desirable north-facing rear yard and valuable side access. For those looking further ahead, the property is zoned R3 Medium Density Residential and with existing concept drawings for a proposed duplex development, this property is worthy of serious consideration for the savvy investor. The home itself is comfortable and functional, featuring three bedrooms with built-in wardrobes and ceiling fans, an air-conditioned living area, separate toilet, garden shed and NBN fibre-to-the-premises connection. - 809.4m² landholding - R3 Medium Density Residential zoning - Three-bedroom home - Ideal for first home buyers, investors or developers - Currently returning $700 per week (leased until February 2027) - Architectural drawings for proposed duplex development available - North-facing backyard with side access - Built-in wardrobes to all bedrooms - Split-system air conditioning Whether you're looking to enter the market, secure a solid investment or explore the site's longer-term potential, 185 Tamar Street represents a versatile opportunity in a highly convenient Ballina location. Property Details Council Rates: $3,672 p/a approx Land Size: 809m2 Rental Appraisal: $800 - $850 per week DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Features

3 bedrooms
1 bathroom
1 carspace
809 m² lot size
House

Property history for 185 Tamar Street

2024
Rented
Undisclosed
Leased on 06 Aug 2024 by LJ Hooker - Ballina
2023
Sold
$665,000
13 Jun 2023 by Glenn Mills, of McGrath Ballina/Lennox Head/Alstonville

Happy sellers in Ballina

89%
89% of sellers in Ballina reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 21 reviews in Ballina over the last 12 months.

Local market activity for 3 bedroom houses in Ballina

In the last 12 months, 50 three-bedroom houses similar to 185 Tamar Street, have been sold.

This represents a 9% decrease in three-bedroom houses sales when compared to the previous 12 months.

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