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49 Petra Ave

South Tamworth NSW 2340

2
1
803 m²
House
Currently for sale - view listing

Overview

Rare Offering, Strong Regional Opportunity

A rare property opportunity, boasting strong yields, depreciation and modern design once completed. For the savvy investor, or developer in a position to construct, this could be a game changer and wealth creator. The property consists of a large approx. 803m2 block of relatively level land, with a home once detonated, to make room for a purpose-built group home comprising six dwellings across two levels, designed to meet high accessibility and compliance standards. Once completed, this asset offers strong depreciation benefits and income potential in a sector of growing demand - CC-approved, purpose-built group housing design, built to enhanced accessibility and compliance standards, and offers flexible use options for operators and investors. *BUYERS MUST RELY ON THEIR OWN ENQUIRIES*

Features

2 bedrooms
1 bathroom
803 m² lot size
House

Property history for 49 Petra Ave

2022
Sold
$270,000
13 Feb 2022 by Mark Sleiman, of PRD Tamworth
2020
Rented
Undisclosed
Leased on 21 Oct 2020 by Elders Real Estate Tamworth
2018
Rented
Undisclosed
Leased on 28 Feb 2018 by Elders Real Estate 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 47 reviews in South Tamworth over the last 12 months.

Local market activity for 2 bedroom houses in South Tamworth

In the last 12 months, 8 two-bedroom houses similar to 49 Petra Ave, have been sold.

This represents a 43% increase in two-bedroom houses sales when compared to the previous 12 months.

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