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Active

3 Smith Street

North Tamworth NSW 2340

4
2
0 m²
613 m²
House
Currently for sale - view listing

Overview

Double Income Stream in North Tamworth

Auction Location: Online Timed Auction Fully Leased to NSW Health (In place since 2012)- Furnished Rentals - High Yielding Investment An incredible duplex opportunity has arrived in the highly sought-after enclave of North Tamworth. Perfectly positioned within easy reach of the Tamworth Base Hospital, local parks, and shopping amenities, 3 Smith Street represents the ultimate set-and-forget asset with a proven income stream. Consisting of two separate, low-maintenance units under one title, this property is already working hard for its next owner. Dual Income Stream: Strong rental returns already in place, with scheduled rental increases to $440 per week per unit coming into effect this November. Gross Annual Return: $45,760 p.a. (following November rent increase) Smart Layout: Each unit features 2 generous bedrooms, a practical kitchen, central bathroom, and independent living spaces. Split system air-conditioning. Prime Location: Highly rentable pocket close to quality schooling, in the heart of medical precincts, and public transport. INSPECTION BY APPOINTMENT ONLY Rates: Approx. $5,101.14 p.a. Rental: $420 per week for each unit with rent increase effective 23rd November at $440 per week. Online Timed Auction Closing: Wed, 11th November at 1pm Link to Register: https://buy.realtair.com/properties/307506

Features

4 bedrooms
2 bathrooms
0 m² floor area
613 m² lot size
House

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 24 reviews in North Tamworth over the last 12 months.

Local market activity for 4 bedroom houses in North Tamworth

In the last 12 months, 40 four-bedroom houses similar to 3 Smith Street, have been sold.

This represents a 5% decrease in four-bedroom houses sales when compared to the previous 12 months.

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