19/337 Armidale Rd, East Tamworth is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 6725m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2003.
Guaranteed Return
Proven set and forget investment currently returning $16,444.00 P.A. Current lease expiring 30/9/2017 with 4% annual increases. A further 4 options of 5 years remaining on expiry of current lease. Recently upgraded with a new kitchen & ensuite, air conditioning and balcony. Net income $12,243 P.A. with increases on the way.
Additional feature/s - Close to Schools.
The size of East Tamworth is approximately 15.6 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of East Tamworth in 2011 was 5,212 people. By 2016 the population was 5,337 showing a population growth of 2.4% in the area during that time. The predominant age group in East Tamworth is 40-49 years. Households in East Tamworth are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in East Tamworth work in a professional occupation. In 2011, 66.3% of the homes in East Tamworth were owner-occupied compared with 63.4% in 2016.
East Tamworth has 2,913 properties.
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