FOR SALE
$1,350,000

Griffin Avenue
Tamworth NSW 2340

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 940m2
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A Great Investment opportunity In East Tamworth

Looking for an ideal investment, located in Tamworth's sort after area "East Tamworth"? Look no further 1-3/64 Griffin ave is 2 blocks from the main street of Tamworth. Investing in this property is not just a financial decision, but a step towards becoming a part of the vibrant Tamworth community. This opportunity is ideal for those looking to expand their real estate portfolio or seeking a sound investment. With the Tamworth market showing strong growth, these units represent an ideal investment opportunity. Located in one of Tamworth's desired suburbs, residents of East Tamworth enjoy the convenience of being close to CBD, parks making it the ideal destination for families and professionals alike.
Unit 1 is a charming 2-bedroom unit, thoughtfully designed with a large kitchen & dining area & a large living area. Boasting a separate yard, ample natural light, 2nd toilet off the laundry & internal access from the garage, this unit offers a haven for its occupants. Tenant paying $400.00 per week, lease until 23/06/2025
Unit 2 is just as charming as unit 1, complete with a massive kitchen & dining area & a large lounge room, there is also internal access from the garage and a separate back yard. Tenant paying $400.00 per week. Lease until 20/04/2025.
Unit 3 is a generous 2 bedroom unit again with a large kitchen & dining area & a spacious lounge room, unit 3 also offers a 2nd toilet off the laundry & internal access from the garage. There is plenty of yard space with this unit with it situated at the back of the block. Long term tenant paying $365.00 per week.
Don't miss out on this unique opportunity to own a remarkable 3-unit complex in East Tamworth. Whether you're an investor looking to grow your portfolio or a homeowner seeking a supplementary income, this property has it all.
Gross return $1165.00, all units have very happy tenants. Or to increase your return they would be a flawless AirBnB.
Call Chris Murray on 0418 492 120 to inspect.

Property Details for 1-3/64 Griffin Ave, Tamworth

1-3/64 Griffin Ave, Tamworth is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 940m2. The place is currently for sale with Raine & Horne Tamworth.

Building Type
BlockOfUnits
Land Size
940m2

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About Tamworth 2340

The size of Tamworth is approximately 1.2 square kilometres. It has 5 parks covering nearly 21.6% of total area. The population of Tamworth in 2011 was 239 people. By 2016 the population was 178 showing a population decline of 25.5% in the area during that time. The predominant age group in Tamworth is 20-29 years. Households in Tamworth are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Tamworth work in a labourer occupation. In 2011, 30% of the homes in Tamworth were owner-occupied compared with 27.4% in 2016.

Tamworth has 1,612 properties. Over the last 5 years, Houses in Tamworth have seen a 76.13% increase in median value, while Units have seen a 72.31% increase. As at 31 October 2024:

  • The median value for Houses in Tamworth is $436,290 while the median value for Units is $331,519.
  • Houses have a median rent of $435 while Units have a median rent of $420.
There are currently 80 properties listed for sale, and 17 properties listed for rent in Tamworth on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Tamworth.

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Chris Murray
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