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Sold on 18 Jun 2024 for $690,000

2/40 Reginald Drive
Kootingal NSW 2352

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Land area: 648m2
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Property Details for 2/40 Reginald Dr, Kootingal

2/40 Reginald Dr, Kootingal is a 6 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 648m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 6 bedroom House sold in Kootingal in the last 12 months.

Building Type
House
Land Size
648m2
Local Government
Tamworth Regional

Last Listing description (July 2024)

Discover the perfect investment opportunity with this modern duplex, each unit offering sleek design and functional living spaces. This property comprises two distinct units; one with two bedrooms and one bathroom, and the other a spacious four-bedroom two-bathroom home, providing versatility for investors or multi-generational living.

Each unit features contemporary aesthetics and thoughtful layouts that maximise space and comfort. Bedrooms across both units are well-appointed with built-in robes for ample storage, while the main bedroom in the four-bedroom unit boasts a private ensuite, adding an extra layer of convenience and luxury.

Both units are open-plan in design, each with a modern kitchen featuring a dishwasher and gas cooktop. Flowing from the living spaces each unit has a charming alfresco space that offers a quaint area for relaxation or entertaining guests. Both units have their own single garage, providing secure parking.

Whether you're looking to invest or accommodate extended family, this duplex promises to deliver comfort, style, and functionality. Located in emerging Kootingal, just 20kms from the Tamworth CBD, residents benefit from the tranquillity of a small town while maintaining convenient access to the amenities of Tamworth.

Seize the unique opportunity to own a versatile property that blends attractive design with practical living.

- Modern duplex featuring one 4 bedroom unit and one 2 bedroom unit
- Reverse-cycle split-system air conditioning in both units
- Modern open-plan design on both sides
- Unit 1 rental appraisal $440-$460/week, currently advertised for rent
- Unit 2 currently rented for $330/week and in lease until 16/10/2024
- Land size 648m2 and council rates approx. $3,840 p/a

* 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 History for 2/40 Reginald Dr, Kootingal, NSW 2352

A timeline of how this property has performed in the market
Last Sold
$690,000
18 Jun 2024
Listed for Rent
$330/w
12 Oct 2023
  • 18 Jun 2024
    Sold for $690,000
  • 23 Apr 2024
    Listed for Sale $725,000
  • 18 Aug 2023
    Listed for Rent $330 / week

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About Kootingal 2352

The size of Kootingal is approximately 82.6 square kilometres. It has 1 park. The population of Kootingal in 2011 was 2,161 people. By 2016 the population was 2,114 showing a population decline of 2.2% in the area during that time. The predominant age group in Kootingal is 0-9 years. Households in Kootingal are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kootingal work in a trades occupation. In 2011, 74.7% of the homes in Kootingal were owner-occupied compared with 73.9% in 2016.

Kootingal has 1,276 properties. Over the last 5 years, Houses in Kootingal have seen a 78.27% increase in median value, while Units have seen a 82.43% increase. As at 31 October 2024:

  • The median value for Houses in Kootingal is $489,512 while the median value for Units is $463,233.
  • Houses have a median rent of $423 while Units have a median rent of $315.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Kootingal on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Kootingal.

Suburb Insights for Kootingal 2352

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.