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Sold on 12 Aug 2019

106-107 KABLE AVENUE Tamworth NSW 2340

  • Retail
  • 1 m²
  • Sold, $790,000

TAMWORTH CBD - 7.48% Net Return... It's Sale Time

*****FREEHOLD ONLY*****

Think Ten Years!
Currently Returning $68,263 - 8.5% Gross.
Currently Returning $59,513 - 7.48% Net
>>>Rental increase of $3,240 coming<<<

Your chance to own a piece of Tamworth bustling CBD all on one title.

This property is now genuinely surplus to needs and we have been instructed to ensure every effort is taken to be sold on the day.

The brick complex has a prominent location and enjoys a high daily passing traffic count, and is only moments from parks, walking paths, cafés and shopping centers.

Torrens Title 1,012 Sqr mtr block.
Currently returning $67,000 Gross income.
4 Incomes from 4 tenants.
Upstairs Downstairs configuration
14 Plus off street vehicle parking
3 x Commercial leases
1 x Residential lease
Each tenancy has their own kitchen and bathrooms

COMPLEX OUTGOINGS:
Council rates are approx. $4,400
Water Rates $650 approx per year
Insurance $3,676

Contact:
David Doherty 0417-288 545 Principal/Licensee/Auctioneer

Disclaimer: We have not verified whether or not that the information in this advertisement is accurate and we do not have any belief one way or the other of its accuracy. All purchasers must rely completely upon their own inquiries before purchasing.

First National Real Estate Tamworth is
Tamworth furnished accommodation; strata management agents in Tamworth; residential sales in Tamworth; property management agents in Tamworth; rural sales agents in Tamworth; and licensed auctioneers.

AUCTION

Auction date and time10/05/2019 16:00
Auction location106-107 Kable Avenue, Tamworth NSW

Property Highlights

Property ID2015173440
Date Sold12 Aug 2019
Sold Price$790,000
Floor Area1 m²
Land Area1 m²
ParkingAsk Agent
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Last updated  13 Aug 2019
Map for 106-107 KABLE AVENUE Tamworth NSW 2340
First National Real Estate Tamworth
5 Fitzroy Street Tamworth NSW 2340

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