OFF MARKET

7 Margaret Street
South Tamworth NSW 2340

Bedrooms: 8
Bathrooms: 4
Car spaces: 2
Floor area: 154m2
Land area: 1017m2
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Property Details for 7 Margaret St, South Tamworth

7 Margaret St, South Tamworth is a 8 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 1017m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Floor Size
154m2
Land Size
1017m2
Local Government
Tamworth Regional
Lot/Plan
22/DP15714

Last Listing description (November 2020)

Call First National Real Estate Tamworth on (02) 67666122

Lot 22 in Deposited Plan 15714

Long term cash cow investment here with this brilliant package deal in the heart of Tamworth.

1,012 sqr mtrs with 2 street frontages (Margaret Street & May Lane) with drive through access to both streets.

Fast Facts:
1. 1 Title - Torrens Title
2. 1,012 Sqr mtr block with 2 street frontages (Margaret Street & May Lane)
3. An ideal buy and hold for the future years with that added re-development potential
4. The original federation homestead plus a duplex with 2 x 2 BRMs
5. Unit 1 (original home) returning $275 per week
6. Units 2 & 3 (duplex) $190 each per week
7. Returning $655 per week or $34,060 yearly = 6.48% Gross return

Council rates are approx. $5,720
Council water rates vary and are user pay

Contact:
Margo Taggart 0427-167 282 Principal
David Doherty 0417-288 545 Principal
Brooke Phillis 0432-561 719 Licensed Agent

Disclaimer: We have not verified whether or not that the information in this advertisement is accurate and we do not have any belief one way or the other of its accuracy. All purchasers must rely completely upon their own inquiries before purchasing.

First National Real Estate Tamworth is
Tamworth furnished accommodation; strata management agents in Tamworth; residential sales in Tamworth; property management agents in Tamworth; rural sales agents in Tamworth; and licensed auctioneers.

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Property History for 7 Margaret St, South Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$765,000
25 Aug 2023
Listed for Rent
$310/w
01 Feb 2011
  • 25 Aug 2023
    Sold for $765,000
  • 24 Nov 2020
    Listed for Sale $525,000
  • 24 Nov 2020
    Sold for $500,000
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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.