107 Logan St, Tenterfield is a 11 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 1225m2.
This investment opportunity sitting on 1,188m in close proximity to the town centre comprises a strata titled 6 lot residential unit development of 6 x 2 bedroom units with open plan kitchen, lounge/dining and bathroom with shower, separate toilet, patio and community laundry.
Each unit has a floor area of 77m plus car accommodation with most units having been partly renovated including painting, vinyl flooring, carpets, electric stoves, laundry taps, new circuit boards with safety switches. Unit 6 is still to be renovated however it can be rented as is for $100 per week.
This property has been professionally managed by the listing agent for over 30 years and currently five units are tenanted at $140 per week.
The size of Tenterfield is approximately 690.5 square kilometres. It has 30 parks covering nearly 3.3% of total area. The population of Tenterfield in 2011 was 3,965 people. By 2016 the population was 4,050 showing a population growth of 2.1% in the area during that time. The predominant age group in Tenterfield is 60-69 years. Households in Tenterfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tenterfield work in a managers occupation. In 2011, 70.7% of the homes in Tenterfield were owner-occupied compared with 70.7% in 2016.
Tenterfield has 3,071 properties. Over the last 5 years, Houses in Tenterfield have seen a 82.56% increase in median value, while Units have seen a 39.98% increase. As at 31 October 2024:
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