36 Robert St, Tenambit is a 3 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1940. The property has a land size of 763m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
This very rare combination of 3 x 1 bedroom flats are all under the same title (and roofline) and with your input of a medium grade refurbishment, a return of app $40,000.00 per annum beckons! Strap on the toolbelt, awaken your inner flair and head to Robert St today to stake your claim!
Internally, each flat offers a similar configuration, being a single large bedroom, with either a combined meals/kitchen space or separate living to dining area. The exterior is a weathered, but solid timber and tile construction and it is well elevated for ease of plumbing and electrical works if required.
All the units are separately metered, have individual car accommodation and are ready to begin work on! Treat these to the makeover that they deserve and rent out the block for over a 6% return (opinion only).
Our advise here is simple, what you put in is what you'll get out! With vacancy rates at an ALL TIME LOW, these beauties would literally walk out the door backwards.
The property is located within 5 minutes drive to the new Maitland Hospital site & a not much longer to the Stockland Greenhills Shopping Centre. Public transport options are within close proximity & externally, each flat has a designated undercover parking space.
Should the prospect of securing a bankable income stream tickle your fancy, enquire now & book you private viewing!
Proudly marketed by LJ Hooker Maitland, please call Todd Fisher 0438 592 920 or Ben Cotton 0434 638 822 for all inspections & further information.
The size of Tenambit is approximately 2.6 square kilometres. It has 14 parks covering nearly 7.6% of total area. The population of Tenambit in 2011 was 3,008 people. By 2016 the population was 2,889 showing a population decline of 4.0% in the area during that time. The predominant age group in Tenambit is 10-19 years. Households in Tenambit are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tenambit work in a professional occupation. In 2011, 67.9% of the homes in Tenambit were owner-occupied compared with 64% in 2016.
Tenambit has 1,391 properties.
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