1-3/7 Margaret Street, TAMWORTH NSW 2340

Sold $765,000

Unit Block No Strata

Block Of Units Sold - TAMWORTH NSW

Investors, here is a rare chance to acquire a unit block without strata. On offer is 3 brick units all on one level. Unit one is 4 bedroom, 2 bathroom and units two and three are 2 bedroom, 1 bathroom. All three are equipped with their own bathroom and laundry. All three units offer a functional floorplan and have their own parking spaces. All of the units are currently tenanted and generating $910 per week in rent providing approximately a 6% gross return.

– Unit 1 – $340p/w in lease until January 2024
– Unit 2 – $250p/w currently to increase to $295p/w as of 23/08/2023, not in a fixed term lease
– Unit 3 – $320p/w in lease until April 2026
– Land size 1,012m² & council rates approx. $6,200p/a

* 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.

Property Features
  • Block Of Units
  • 8 bed
  • 4 bath
  • 2 Parking Spaces
  • Land is 1,012 m²
  • 3 Toilet
  • 2 Carport
  • Open Parking Spaces
  • Built In Robes
  • Courtyard
  • Split System Heating

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