43 Gipps St

West Tamworth NSW 2340

2025 m²

Block of units

Currently for sale - view listing

Overview

$166,400 p.a. Current Income. Appraisal Supports More.

Opportunities of this scale rarely come to market in regional NSW. 43–45 Gipps Street, West Tamworth presents a fully tenanted multi-dwelling complex comprising nine one-bedroom units and a two-bedroom duplex accessed via rear lane, eleven discrete income streams on a single title. The asset is currently returning $3,200 per week ($166,400 per annum), with independent rental appraisal supporting $3,420 to $3,640 per week upon lease renewal, representing meaningful upside without requiring capital expenditure. West Tamworth is an established rental precinct serving Tamworth's consistent renter demographic. Demand for affordable residential tenancies in the region has remained resilient, underpinned by the area's employment base and relative undersupply of quality multi-dwelling stock. With 11 carports, 13 bedrooms, 11 bathrooms, and an established tenancy profile, this complex suits an experienced investor or syndicate prioritising cash flow, scale, and long-term hold. Properties of this configuration and income depth are seldom available in this market.