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Unit 1 and Unit 2/38 Coorigil Street

Hillvue NSW 2340

4
3
4
847 m²
House
Currently for sale - view listing

Overview

TWO INCOMES. ONE PROPERTY. ~5% YIELD. 847m² LAND. VALUE-ADD UPSIDE

INVESTORS & MULTI-GENERATIONAL FAMILIES THIS ONE IS WORTH A CLOSER LOOK Two incomes. Flexible living. Genuine upside. An approved dual-income property in a sought-after pocket of Hillvue, positioned within one of the region's fastest-growing hubs. Combining strong rental income, long-term tenants, substantial land and genuine value-add potential, this property offers the opportunity to secure cash flow today while creating further value tomorrow. For investors, it's a compelling income-producing asset with room to grow. For multi-generational families, the dual-income configuration provides the flexibility for multiple generations to live independently while remaining together. A versatile property with income, land and upside all in one. Properties offering this level of flexibility don't come along every day. KEY HIGHLIGHTS  $850/week combined rental income  3-bedroom dwelling $500/week  1-bedroom dwelling $350/week  ~ Approx 5% gross rental yield  Long-term tenants in place  850m²+ landholding  Approved dual-income configuration  One title  Secure lock-up garage to each dwelling  Fully fenced private yard to each side  Solid original brick construction with some updates  Positioned within a sought-after pocket of Hillvue, showcasing excellent street appeal  Very well maintained, and low maintenance  Potential for further rental growth  Renovation and value-add potential  Potential strata-title upside, subject to feasibility & approvals  Ideal for multi-generational living VALUE-ADD OPPORTUNITY This isn't simply a property generating rent. There are multiple avenues to potentially improve: Renovate and enhance rental appeal Increase rental returns over time Investigate potential future strata titling Leverage the substantial land component INVEST FOR TODAY. POSITION FOR TOMORROW. Located within a fast-growing regional hub benefiting from continued population growth, major infrastructure investment and significant development. This provides an attractive combination of: Income + Growth + Value-add + Land LOCATION HIGHLIGHTS Approx. 700m to Hillvue Public School Approx. 2.3km to Peel High School Close to shopping, supermarkets & everyday amenities Minutes to AELEC & Tamworth's Country Music precinct Easy access to Tamworth CBD Short drive to Tamworth Hospital. Established Hillvue residential location Major NEW supermarket & retail precinct development coming to Hillvue. 408420 Goonoo Goonoo Road DON'T MISS THE OPPORTUNITY Properties combining dual income, near-5% yield, substantial land in sought-after pocket and genuine value-add potential are tightly held and rarely come to market. Early enquiry is strongly encouraged. For enquiries please phone: 0401 215 734

Features

4 bedrooms
3 bathrooms
4 carspaces
847 m² lot size
House

Happy sellers in Hillvue

89%
89% of sellers in Hillvue reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 21 reviews in Hillvue over the last 12 months.

Local market activity for 4 bedroom houses in Hillvue

In the last 12 months, 52 four-bedroom houses similar to Unit 1 and Unit 2/38 Coorigil Street, have been sold.

This represents a 34% increase in four-bedroom houses sales when compared to the previous 12 months.

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