$920,000 - $990,000

9 Bed  •  6 Bath  •  3 Car  •  679m²

Main view of Homely block of units listing, 1-3/33 Florence Lane, Tamworth NSW 2340
Floorplan of Homely block of units listing, 1-3/33 Florence Lane, Tamworth NSW 2340
Second view of Homely block of units listing, 1-3/33 Florence Lane, Tamworth NSW 2340
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1-3/33 Florence Lane, Tamworth NSW 2340

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$920,000 - $990,000

  • 9
  • 6
  • 3
  • 679m²

Block of Units for sale7 days on Homely

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What's around Florence Lane

Block of Units description

“High-Yield Investment Opportunity - Secure Multi-Unit Complex”

Discover a prime investment opportunity with this exceptional property featuring three well-constructed townhouses, each mirroring the same efficient layout. This acquisition offers robust rental yields and substantial long-term growth potential, making it a standout addition to any investment portfolio.

Investment Highlights:

• Strong Rental Yields: Secure tenancies currently yield approximately 6%, providing immediate and stable income.
• Consistent Tenancy Records: Low vacancy risk with long-term leases in place:
Unit 1: $350 p/w, lease until 26/06/2025
Unit 2: $350 p/w, lease until 12/02/2026
Unit 3: $380 p/w, lease until 19/08/2025

Property Features:
• Spacious Two-Story Layout: Each townhouse features a generous open-plan living and dining area, enhanced with split-system air conditioning for optimal comfort year-round.
• Fully Equipped Kitchen: Ample storage and bench space designed for high functionality and seamless meal preparation.
• Comfort and Convenience: Each unit includes three bedrooms with built-in wardrobes, the master with a walk-in robe and ensuite. The main bathroom features a shower, bathtub, and separate toilet for added convenience.
• Private Outdoor Living: Each townhouse boasts a private, low-maintenance courtyard-perfect for relaxation and entertainment
• Practical Additions: Internal laundry with a third toilet and a secure single lock-up garage enhance the living experience

Recent Upgrades:
Over $80,000 invested by the previous owner for essential upgrades including roofing, hot water systems, windows, flooring, air conditioning units, painting, and bathroom renovations, ensuring low-maintenance ownership.

Location and Lifestyle:
These townhouses offer both privacy and proximity to local amenities, ensuring a high desirability among potential renters.

This property not only delivers immediate income but also promises low upkeep and minimal vacancy risks. An excellent chance for investors to secure a property with solid returns and potential for capital growth.

For more detailed information or to express your interest, please contact the selling agent today. This is a rare opportunity to invest in a property that combines both high returns and strategic value.

Each Townhouse includes:
• 3 bedrooms, 2 with built-in robes.
• Master bedroom, walk-in robe and ensuite
• Main bathroom with shower, bath + separate toilet
• Open-plan living + dining with split-system air conditioning
• Private, low-maintenance courtyard
• Internal laundry with additional third toilet
• Single lock-up garage
• Unit 1 Rented $350 p/w lease exp. 26/6/25
• Unit 2 Rented $350 p/w exp. 12/2/26
• Unit 3 Rented $380 p/w lease exp. 19/8/25
• Rates approx. $6,600 p/a, Land Size: 679m²

* 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

ensuites

Ensuites: 3

toilets

Toilets: 9

Land details

Area: 679m²

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1-3/33 Florence Lane, Tamworth NSW 2340
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