6/11 King StreetWest Tamworth NSW 2340
Property Details for 6/11 King St, West Tamworth
6/11 King St, West Tamworth is a 10 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1982. The property has a land size of 67m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 10 bedroom Unit sold in West Tamworth in the last 12 months.
Last Listing description (April 2024)
Don't miss this opportunity, you can purchase a whole block of units and be your own landlord. You can also separate all 6 units and resell all or just some.The block consists of six units, four x two bedrooms & two x one bedroom in a superb location within walking distance to the center of Tamworth. These units are 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 x two 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 to large living areas
- Combined laundries & bathrooms 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 & storage shed
- Back lane access through a small gate
- Close to facilities including Baiada, Big W and five minutes walk to the centre of Tamworth
- Located in Inner West Tamworth which is a very popular location
- Current income $1690 weekly 6% Return
- Potential rent appraisal $2080 weekly 7% return
- Land size 1,012m2 & rates $1800 a unit approx* p/a
Property History for 6/11 King St, West Tamworth, NSW 2340
- 08 Oct 2024Sold for $1,495,000
- 18 Sep 2023Listed for Sale $1,500,000 - $1,600,000
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0About 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.
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