Real Estate Industry Partners

114 Kent Street, Tamworth NSW 2340

$830,000

Bedrooms
5 beds
Bathrooms
3 baths
Parking
4 parking

INCOME GENERATING HOME BASE

Discover an incredible investment opportunity with this versatile property offering the potential for three separate units, live upstairs in the renovated three bedroom and have steady income flow through the two units downstairs! or rent out the three with a combined rental return of approx. $1,150 per week, this is a must see for those looking for an income generating home base or the savvy investors looking to maximize their returns.

Main Residence: The spacious three bedroom home upstairs provides a comfortable living space, perfect for families. With well sized bedrooms, a beautifully renovated kitchen, and a cozy living area, new flooring and painted throughout. This level offers great rental appeal or a perfect owner occupied option while renting out the other units.

Unit: Downstairs, you'll find a self-contained renovated one bedroom unit, Currently leased at $370 per week, complete with its own private entrance. Ideal for young professionals, couples, or as a long-term rental, this unit adds significant value to the property.

Studio Apartment: Also located on the lower level is a modern studio apartment currently leased at $320 per week. Compact yet fully equipped, this space is perfect for singles or as a short term rental option like Airbnb. It offers flexibility and a steady stream of income.

To the rear of the property you have the huge men's shed/workshop with access to three carport bays or as extra storage. This can also be utilized as tenant vehicle storage or as a common entertaining area, with the main garage used as an entry. There is also plenty of backyard to split into three for each unit.

Key Features:
• 768 sqm block (approx)
• Potential for 3 X Rental Income - estimated at $1,150 per week.
• Multi-Living Spaces - three bedroom home, one bedroom unit, and a studio apartment.
• Versatile Investment - Live in one and rent out the others or rent all three for maximum income.
• Prime Location - Situated in South Tamworth, close to shops, schools, and transport.

Invest Smart, Live Comfortably, and Earn Consistently!

Don't miss out on this rare opportunity to own a property that pays for itself. Contact us today to schedule a viewing and see the potential for yourself!

Property Details

  • Type: House
  • Bedrooms: 5
  • Bathrooms: 3
  • Toilets: 3
  • Garage Spaces: 1
  • Carport Spaces: 3

Features

Ray White Tamworth

Ray White Tamworth

247 Peel Street, Tamworth NSW 2340

JAYDEN NEWBERRY