3 Griffin Avenue, North Tamworth, NSW, 2340 - DuplexSemiDetached Sold on 18 08 2023

SoldAug 18, 2023

3 Griffin Avenue, North Tamworth, NSW, 2340

$590,000

0 m²

759 m²

DuplexSemiDetached

•

18 days on the market

Sold: Aug 18, 2023

What's around 3 Griffin Avenue

Smart Investment in North Tamworth

A prime investment opportunity exists in North Tamworth that will provide instant cashflow with a development upside. An excellent location and development potential on 739m2 combine here to make this one not to miss. The current offering includes: - 2 x One bedroom apartments... both recently renovated providing instant returns. - Unit 1 - currently leased for $270 per week to "A grade" tenant - Unit 2 - full renovation just completed... ready for rental or short term stays. - Both with gas hot water, split system a/c and built in wardrobes - Sheds and car accommodation to the rear of the property - Full rental potential circa $600 per week. - Torrens Title - not strata. To be included with the sale are plans to extend and develop the site as follows: - Construct new 3 bedroom townhouse on spare land to the rear of the block - Extend unit 2 by adding a bedroom and 2 car garage. Council rates are $2650 p.a. Situated just minutes from Tafe, Tamworth Base Hospital & Northgate Shopping Centre, ideal location to ensure the property sees market-beating occupancy rates. Offers prior to auction will be seriously considered. Online Auction - Realtair.com https://buy.realtair.com/properties/109326 Auction : Thursday 24th August 1PM Sharp (Live Online Auction)

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Seller's review

over 2 years ago

Verified Review

Professional Approach with proven results

Stuart’s approach and professionalism towards his clients is unequalled. Easy to talk to with attention to detail, in depth industry knowledge and openness resulted in our property selling in under 2 weeks of being put on the market. A great result for us and testament to Stuart’s ability as a real estate agent. Could not recommend highly enough for anyone wanting to buy or sell property.

Steven And Kylie

Seller