33 Florence Lane, South Tamworth is a 6 bedroom, 9 bathroom Unit with 3 parking spaces and was built in 1979. The property has a land size of 586m2.
All three units are approximately same layout and featuring a large open plan living area downstairs, consisting of a combining lounge, kitchen and dining and the laundry is at the back of the unit with an additional toilet. Upstairs are the three large bedrooms all with built-ins and there is a separate bathroom for the other two bedrooms. The main bedroom offers a balcony and a spacious walk-in-robe and ensuite. There are three single lockup garages and each unit has a private enclosed courtyard. This is truly an investment opportunity at a price that can't be beat, in this low interest banking world. Located close to schools, shops, parks and transport and only minutes from the CBD, and offering a solid rental return. Phone Peel Valley Real Estate to arrange an inspection.
* Rates are approximately $5,800
* Gross return of $42,640 per year
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 3,604 properties. Over the last 5 years, Houses in South Tamworth have seen a 63.23% increase in median value, while Units have seen a 59.46% increase. As at 30 November 2024:
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