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Back 3 Griffin Avenue
Off Market

3 Griffin Avenue

North Tamworth NSW 2340

2
2
3
0 m²
759 m²
Duplex Semi-Detached
Last sold for $590,000
Stuart SouthwellStuart Southwell, last sold this property on 17 August 2023 after 17 days on market.

Overview

Smart Investment in North Tamworth

A prime investment opportunity exists in North Tamworth that will provide instant cashflow with a development upside. An excellent location and development potential on 739m2 combine here to make this one not to miss. The current offering includes: - 2 x One bedroom apartments... both recently renovated providing instant returns. - Unit 1 - currently leased for $270 per week to "A grade" tenant - Unit 2 - full renovation just completed... ready for rental or short term stays. - Both with gas hot water, split system a/c and built in wardrobes - Sheds and car accommodation to the rear of the property - Full rental potential circa $600 per week. - Torrens Title - not strata. To be included with the sale are plans to extend and develop the site as follows: - Construct new 3 bedroom townhouse on spare land to the rear of the block - Extend unit 2 by adding a bedroom and 2 car garage. Council rates are $2650 p.a. Situated just minutes from Tafe, Tamworth Base Hospital & Northgate Shopping Centre, ideal location to ensure the property sees market-beating occupancy rates. Offers prior to auction will be seriously considered. Online Auction - Realtair.com https://buy.realtair.com/properties/109326 Auction : Thursday 24th August 1PM Sharp (Live Online Auction)

Features

2 bedrooms
2 bathrooms
3 carspaces
3 garage spaces
0 m² floor area
759 m² lot size
Duplex Semi-Detached

Estimated Value

We need at least 3 similar 2 bedroom duplex semi-detached properties sold in North Tamworth over the last 12 months.

Property history for 3 Griffin Avenue

2023
Sold
$590,000
Auction Sale on 17 Aug 2023 by Stuart Southwell, of Southwell Property

Happy sellers in North Tamworth

90%
90% of sellers in North Tamworth reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 30 reviews in North Tamworth over the last 12 months.

Local market activity for 2 bedroom duplex semi-detached properties in North Tamworth

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