Lot 1/89 Evans St, Westdale NSW
Tamworth Region, NSW, 2340$ 701,000
Overview
Property ID: LA-8942
- House and Land
- Property Type
- 3+3
- Bedrooms
- 1+1
- Bathrooms
- 1
- Cars
- 131
Details
Updated on Feb 21, 2025 at 05:07 pm
| Property Type: | House and Land |
|---|---|
| Price: | $ 701,000 |
| Land Price: | $ 240,000 |
| Build Price: | $ 461,000 |
| Gross Per Week: | $ 830 |
| Gross Per Annum: | $ 43,160 |
| Gross Yield: | 6.16% |
| Capital Growth 12 Months: | 3.77% |
| Capital Growth 10 Year Annualised: | 5.65% |
| Vacancy Rate: | 1.02% |
| Property Size: | 131 m2 |
| Land Area: | 967 m2 |
|---|---|
| Bedrooms: | 3+3 |
| Bathrooms: | 1+1 |
| Parking: | 1 |
| Title Status: | Titled |
| Property ID: | 8942 |
| SKU: | 1005 |
Description
This dual-occupancy property offers a modern design with a total size of 131.22 m². Positioned on a spacious 967 m² lot, it includes two units with 3 bedrooms and 1 bathroom each. Located in Westdale, Tamworth, the property is part of a region experiencing steady growth and high rental demand, making it an excellent investment choice.
Suburb profile:
Westdale is a suburb in Tamworth, New South Wales, known for its family-friendly environment and proximity to essential amenities. The area boasts good connectivity, schools, parks, and steady growth potential, making it appealing for families and investors alike.
- Full Turn-Key Package
- Open-Plan Living
- High Quality Inclusions
- 6 Year Structure Guarantee
- Contemporary Colour Scheme
This dual-occupancy property in Westdale, Tamworth, offers an excellent investment opportunity with strong rental returns and a contemporary design on a spacious lot.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
Open on Google Maps
Address
Lot 1/89 Evans St, Westdale NSW
City
Tamworth Region
State
NSW
Postcode
2340
Suburb
N/A
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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
