9A & 9B Humphrey Street, New Norfolk includes two dwellings, one title, two rental incomes and a wealth of possibilities!
An outstanding opportunity for investors and developers to secure two adjoining residential properties at 9A and 9B Humphrey Street, offered together under one title in the heart of New Norfolk.
Combining a charming three-bedroom home with a neat and tidy one-bedroom unit, this unique offering provides the benefit of two dwellings and established rental income, with potential to explore future development opportunities, subject to council approval (STCA).
Property 1 - 9A Humphrey Street
Built circa 1900, the main residence offers character and comfortable living, featuring three bedrooms, one bathroom, an open-plan living, dining and kitchen area, a wood heater and heat pump for year-round comfort. Currently leased to long-term tenants at $360 per week, the home provides an established rental income stream.
Property 2 - 9B Humphrey Street
The second dwelling is a cosy, low-maintenance one-bedroom unit. Its functional layout includes a spacious bedroom, kitchenette, combined bathroom and toilet, and laundry, with a heat pump providing additional comfort throughout the year. Currently leased to long-term tenants at $280 per week, the unit further strengthens the property's investment appeal.
Together, the two dwellings currently generate a combined rental income of $640 per week, or $33,280 per annum, based on the stated weekly rents and assuming continuous occupancy. Positioned in a convenient central location, the properties are within walking distance of New Norfolk's shopping strip, local services, essential amenities, and public transport. With two established dwellings, long-term tenants and potential for future development (STCA), this is an opportunity to secure a versatile investment in a well-established Tasmanian township. Whether you're looking to strengthen your investment portfolio, benefit from dual rental income or investigate future development possibilities, this combined offering deserves your attention.
Contact us today for further information and to explore the potential of this unique New Norfolk opportunity.
• Secure Investment & Development Opportunity!
• 2 Dwellings on 1 title
• 9A Humphrey Street:
• 3 Bedrooms and 1 bathroom
• Character home built circa 1900
• Open-plan living, dining and kitchen
• Wood heater and heat pump for year-round comfort
• Currently rented for $360 per week
• 9B Humphrey Street:
• 1 Bedroom, kitchenette, combined bathroom and toilet
• Heat pump for year-round comfort
• Currently rented for $280 per week
• Walking distance to New Norfolk's shopping strip
• Close to local services and essential amenities
• Convenient access to public transport
• 2 Established dwellings on one title
• 2 Rental income streams
• Long-term tenants
• Potential for future development, subject to council approval (STCA)
• Suitable for investors seeking rental income and future growth opportunities
