OFF MARKET

74-76 Belmore Street
West Tamworth NSW 2340

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 1010m2
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Property Details for 74-76 Belmore St, West Tamworth

74-76 Belmore St, West Tamworth is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1010m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
House
Floor Size
118m2
Land Size
1010m2
Local Government
Tamworth Regional
Lot/Plan
1/DP91191

Last Listing description (April 2020)

74-76 Belmore Street, West Tamworth, 3 Bedroom home and dance hall studio all on one title set on 1010m2. Live in the home and rent out the dance hall and adjoining buildings to various tenants for immediate income. The home is partially renovated with polished timbers floors, split system air conditioning to main living area, ceiling fans to bedrooms and gas for heating. There's a shared bathroom plus a second toilet to the rear of the house, updated kitchen and covered timber deck area overlooking a level backyard.

- Polished timber floors throughout

- Kitchen
- Office
- Storage
- Shower
- Toilet
- Air conditioned

This unique property, all on one title, offers a great income opportunity for a smart investor. There is ample secure storage / floor space that may be leased out in separate areas to maximize return and usage of all the spaces. Shower, toilet, and kitchen facilities plus dedicated office space ready to use.
The Dance Hall and all adjoining rooms are currently leased at $1097.22 per month with expiry on the 31.08.2019 from then the opportunity is to divide the spaces into separate leases.
The 3 bedroom home is leased until 23.2.2019 at $275 per week
- 3 good bedrooms
- Polished timber floors
- Updated kitchen
- Covered timber deck
- Entertaining area
- Split system air conditioning
- Ceiling fans to bedrooms

An investment opportunity like this seldom comes along and set in a prime location on 1010m2 with so may options for development, you best book your inspection today.

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Property History for 74-76 Belmore St, West Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$385,000
30 Apr 2020
Listed for Rent
$275/w
31 Jul 2019
  • 30 Apr 2020
    Sold for $385,000
  • 30 Apr 2020
    Sold for $385,000
  • 25 Jun 2019
    Listed for Rent $13,200 / month
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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 17 properties listed for sale, and 14 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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