SOLD
RECENT ADVICE
Sold on 08 Oct 2024 for $1,495,000

1 King Street
West Tamworth NSW 2340

Bedrooms: 2
Bathrooms: 1
Car spaces: 6
Floor area: 58m2
Land area: 500m2
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Property Details for 1 King St, West Tamworth

1 King St, West Tamworth is a 2 bedroom, 1 bathroom Unit with 6 parking spaces and was built in 1975. The property has a land size of 500m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in West Tamworth in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
58m2
Land Size
500m2
Local Government
Tamworth Regional
Lot/Plan
1/DP153191

Last Listing description (October 2024)

LAWD is pleased to present for sale 1-6/11 King Street, don't miss this opportunity, you can purchase a whole block of units and be your own landlord. You can separate all six units and resell or just some. The block consists of six units made up of four two-bedrooms and two one-bedrooms in a superb location within walking distance to the centre of Tamworth. The complex is double brick so there is very little maintenance to be done just collect the rent.

All units have been updated over the years with Unit four just getting a coat of paint and new carpet.

Four by two bedroom, one-bathroom units

Two by one bedroom, one-bathroom units
Each unit has a reverse cycle wall-mounted split system
Built-in wardrobes in all bedrooms
Neat and tidy kitchens open plan large living areas
Each unit has a combined laundry and bathroom with plenty of space
Separate toilets
Each unit has a lovely balcony with the upstairs units having mountain views
Be your own strata manager, no strata fees applicable at present
Low maintenance double brick strong sturdy units
Each unit has its own carport and lockable storage area
Outside toilet and storage shed
Back lane access through a small gate
Close to facilities including Baiada, Big W and five* minute walk to the centre of Tamworth
Located in Inner West Tamworth which is a very popular location
Rental income as of Oct 1st 2024 will be $1,950 weekly
Land size 1,012* square metres
Rates $1,800 a unit per annum
*approximately

For further information please contact listing agents.

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Property History for 1 King St, West Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$1,495,000
08 Oct 2024
Listed for Rent
$355/w
09 Apr 2020
  • 08 Oct 2024
    Sold for $1,495,000
  • 03 Sep 2024
    Listed for Sale Not Disclosed
  • 27 Mar 2023
    Listed for Sale Priced To Sell
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About West Tamworth 2340

The size of West Tamworth is approximately 6 square kilometres. It has 17 parks covering nearly 28% of total area. The population of West Tamworth in 2011 was 5,347 people. By 2016 the population was 5,206 showing a population decline of 2.6% in the area during that time. The predominant age group in West Tamworth is 20-29 years. Households in West Tamworth are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Tamworth work in a labourer occupation. In 2011, 46.1% of the homes in West Tamworth were owner-occupied compared with 45.6% in 2016.

West Tamworth has 3,068 properties. Over the last 5 years, Houses in West Tamworth have seen a 68.81% increase in median value, while Units have seen a 57.40% increase. As at 30 November 2024:

  • The median value for Houses in West Tamworth is $373,384 while the median value for Units is $338,766.
  • Houses have a median rent of $380 while Units have a median rent of $335.
There are currently 18 properties listed for sale, and 13 properties listed for rent in West tamworth on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in West tamworth.

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