FOR SALE
$570,000

1 & 2/13 Alice Street
South Tamworth NSW 2340

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
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Perfect Investment Opportunity

Investors... a quality dual key property on one title, both with longstanding tenants, in a prime location... this one tick all the boxes!
Both units are modern and low maintenance, each with 2 bedrooms and 1 bathroom, split system heating and air-conditioning, good storage. Unit 2 also has an additional covered outdoor area.
This property is within easy walking distance to the local supermarket, chemist, hotel, West Leagues Club, football stadium and public pool.
Current rent appraisal for each unit is $330 per week, this would offer annual gross return of $34,320 ($660/week) making this a rare rental gem for the savvy investor.
Both units are periodically rented, Unit 1 at $210 per week and Unit 2 at $260 per week, offering the new investor the opportunity to increase rent and lock in a lease.
Call Rebecca Creighton-Clarke for more details on 0448 938 943.

Property Details for 1 & 2/13 Alice St, South Tamworth

1 & 2/13 Alice St, South Tamworth is a 4 bedroom, 4 bathroom DuplexSemi-detached with 2 parking spaces. The place is currently for sale with PRD Real Estate Tamworth.

Building Type
DuplexSemi-detached

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About South Tamworth 2340

The size of South Tamworth is approximately 6 square kilometres. It has 21 parks covering nearly 6.3% of total area. The population of South Tamworth in 2011 was 6,692 people. By 2016 the population was 6,547 showing a population decline of 2.2% in the area during that time. The predominant age group in South Tamworth is 20-29 years. Households in South Tamworth are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Tamworth work in a labourer occupation. In 2011, 54.3% of the homes in South Tamworth were owner-occupied compared with 50.8% in 2016.

South Tamworth has 3,607 properties. Over the last 5 years, Houses in South Tamworth have seen a 58.80% increase in median value, while Units have seen a 64.74% increase. As at 31 July 2024:

  • The median value for Houses in South Tamworth is $421,176 while the median value for Units is $343,658.
  • Houses have a median rent of $410 while Units have a median rent of $295.
There are currently 18 properties listed for sale, and 9 properties listed for rent in South tamworth on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in South tamworth.

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Suburb Insights for South Tamworth 2340

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Rebecca Creighton-Clarke
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PRD Real Estate Tamworth
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