Two incomes. one property. ~5% yield. 847m² land. value-add upside
4 bedroom
3 bathroom
4 garage
847.00 m2 Land area
INVESTORS & MULTI-GENERATIONAL FAMILIES — THIS ONE IS WORTH A CLOSER LOOK
Two incomes. Flexible living. Genuine upside.
An approved dual-income property in a sought-after pocket of Hillvue, positioned within one of the region’s fastest-growing hubs.
Combining strong rental income, long-term tenants, substantial land and genuine value-add potential, this property offers the opportunity to secure cash flow today while creating further value tomorrow.
For investors, it’s a compelling income-producing asset with room to grow.
For multi-generational families, the dual-income configuration provides the flexibility for multiple generations to live independently while remaining together.
A versatile property with income, land and upside — all in one.
Properties offering this level of flexibility don’t come along every day.
KEY HIGHLIGHTS
• $850/week combined rental income
• 3-bedroom dwelling — $500/week
• 1-bedroom dwelling — $350/week
• ~ Approx 5% gross rental yield
• Long-term tenants in place
• 850m²+ landholding
• Approved dual-income configuration
• One title
• Secure lock-up garage to each dwelling
• Fully fenced private yard to each side
• Solid original brick construction with some updates
• Positioned within a sought-after pocket of Hillvue, showcasing excellent street appeal
• Very well maintained, and low maintenance
• Potential for further rental growth
• Renovation and value-add potential
• Potential strata-title upside, subject to feasibility & approvals
• Ideal for multi-generational living
VALUE-ADD OPPORTUNITY
This isn’t simply a property generating rent.
There are multiple avenues to potentially improve:
• Renovate and enhance rental appeal
• Increase rental returns over time
• Investigate potential future strata titling
• Leverage the substantial land component
INVEST FOR TODAY. POSITION FOR TOMORROW.
Located within a fast-growing regional hub benefiting from continued population growth, major infrastructure investment and significant development.
This provides an attractive combination of:
Income + Growth + Value-add + Land
LOCATION HIGHLIGHTS
• Approx. 700m to Hillvue Public School
• Approx. 2.3km to Peel High School
• Close to shopping, supermarkets & everyday amenities
• Minutes to AELEC & Tamworth’s Country Music precinct
• Easy access to Tamworth CBD
• Short drive to Tamworth Hospital.
• Established Hillvue residential location
• Major NEW supermarket & retail precinct development coming to Hillvue. 408–420 Goonoo Goonoo Road
DON’T MISS THE OPPORTUNITY
Properties combining dual income, near-5% yield, substantial land in sought-after pocket and genuine value-add potential are tightly held and rarely come to market.
Early enquiry is strongly encouraged.
For enquiries please phone: 0401 215 734
|
Unit Number: |
Unit 1 and Unit 2 |
|
Street Number: |
38 |
|
Street Name: |
Coorigil Street |
|
Province / State: |
NSW |
|
City / Suburb: |
Hillvue |
|
Postal code / ZIP: |
2340 |
| Status: |
For Sale |
| Property Type: |
Residential |
| Category: |
House |
| Land Area: |
847.00 m2 |
No open times found.
