Discover a unique investment opportunity in the heart of Taminda, the industrial hub of Tamworth and North West NSW. This property presents a rare combination of residential and commercial potential, making it an ideal choice for savvy investors or local businesses seeking to expand. The offering includes a charming 2 bedroom, 1 bathroom house currently rented at $425 per week, paired with a lucrative commercial shed behind, yielding a substantial return of $36,000 per annum.
The residential portion of the property is a harmonious blend of modern updates and classic charm. It features decorative pressed metal ceilings, plantation shutters, and built-in wardrobes in the bedrooms, enhancing both aesthetics and functionality. The house is equipped with ceiling fans, ducted reverse-cycle air-conditioning, and an open fireplace, ensuring comfort in all seasons. The updated kitchen stands out with its modern appliances, including an electric cooktop, oven, and dishwasher. Additionally, the property boasts a single carport, a fully fenced yard, polished cypress floorboards, and a striking brick feature wall, all adding to its charm and appeal.
This property, strategically positioned on a spacious 1,303m² block, is more than just an investment; it's a gateway to significant business growth and prosperity. The substantial annual return from the commercial shed highlights the value and potential of this property in a thriving industrial area. Whether you're aiming to diversify your investment portfolio or establish a robust business foundation, this property in Taminda offers a unique blend of immediate returns and expansive growth potential in a key location.
Auction 29th February 2024 if not sold prior
- Residential/commercial property; house and commercial shed.
- Residential: modern comforts meet classic charm; featuring an updated bathroom and kitchen.
- Residential Ensure your comfort with Ceiling fans, air conditioning, wood fireplace, fenced yard.
- Commercial: Ideal for investors/businesses; significant growth potential.
- House rented at $425/week; steady income stream.
- Commercial shed returns $36,000/annum; high-value addition.
* 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.
