1 + 2/70 Petra Avenue, South Tamworth, NSW, 2340 - DuplexSemiDetached Sold on 29 05 2025

SoldMay 29, 2025

1 + 2/70 Petra Avenue, South Tamworth, NSW, 2340

$550,000

DuplexSemiDetached

•

Sold: May 29, 2025

What's around 1 + 2/70 Petra Avenue

Solid Duplex with Long-Term Tenants

Positioned in a quiet residential pocket of South Tamworth, Units 1+2/70 Petra Avenue present an exceptional opportunity for the savvy investor. This neat and functional duplex offers two mirror-image units, both with long-term tenants in place, ensuring immediate returns from day one. Each unit features a well-considered layout with two generously sized bedrooms, both equipped with built-in robes-ideal for added storage and tenant appeal. The open-plan living and dining space flows seamlessly into a practical kitchen with an electric cooktop and oven, offering low-maintenance functionality. The central bathroom is serviceable with a separate toilet, and each unit also includes an internal laundry for everyday convenience. Outside, tenants will enjoy a well-proportioned backyard-rare for duplex living-plus the added benefit of a single carport per unit. Set on a spacious 860m² block and currently leased at $280 per week per unit to reliable, long-term tenants, this property is a true set-and-forget investment in one of Regional NSW's strongest performing rental markets. Investment Highlights • Strong Rental Yields: Secure tenancies currently yield approximately 5%, providing immediate and stable income. • Unit 1: $280p/w, increasing to $300p/w as of the 27/6/25, lease until 12/11/2025 • Unit 2: $280 p/w, lease until 26/06/2025 Property Features • Two x 2-bedroom duplex units, sold as one • Built-in robes to all bedrooms • Functional kitchens with electric cooktops and oven • Internal laundries and separate toilets • Single carport for each unit • Spacious backyard space • Long-term, reliable tenants in place • Rates approx. $4,300 p/a, Land Size: 860m² * This information has been prepared to assist solely in the marketing of this property. Whilst all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.