$435,500

4 Bed  •  2 Bath  •  2 Car  •  744.5m²

Main view of Homely semi-detached listing, 116 Bushland Drive, Taree NSW 2430
Second view of Homely semi-detached listing, 116 Bushland Drive, Taree NSW 2430
Third view of Homely semi-detached listing, 116 Bushland Drive, Taree NSW 2430
+16

Sold

116 Bushland Drive, Taree NSW 2430

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$435,500

  • 4
  • 2
  • 2
  • 744.5m²

Semi-detached Sold on Wed 22 Dec, 2021

What's around Bushland Drive

Semi-detached description

“EXCEPTIONAL DUAL INCOME INVESTMENT OPPORTUNITY”

TWO duplex style units for this incredible price!

Outstanding returns from DAY ONE with tenants in place!

In today's market, it's becoming harder and harder to find a solid, well-priced investment opportunity with outstanding returns from day one! That's why Elders Real Estate Taree are excited to present this extremely rare opportunity to purchase not one, but TWO duplex-style units for the price you would pay for a basic residential home in Taree.

Both residences are much larger than your average unit and enjoy:

● Spacious open plan living and dining areas
● Full-size kitchens
● Two sizable bedrooms with built-in wardrobes
● Large bathrooms with both a shower and bath
● Handy separate toilets
● Internal laundries
● Covered front and rear porches
● Separate fenced good size, level backyards
● Two Central Single lockup garages: one attached to each unit with triple width
driveway
● Good setup for privacy to each tenant
● Easy walking distance to great primary school & kindergartens
● Walk to reserve and parks, convenient to high schools and shops
● Beautifully situated elevated corner block on high side of road
● Fantastic size block with easy access


Offering low maintenance brick and tile construction and several recent improvements, including a brand-new kitchen in Unit 1, this investment opportunity will be lining your pockets for years to come.
Almost never vacant and always extremely lettable, the lucky purchasers will have tenants already in place returning an excellent $500 per week combined with current leases.

There is huge scope for far greater returns, both in capital gains and rental income, with both units in need of some TLC when next becoming vacant which will bring fantastic further return rewards.
Budding renovators will also see the massive opportunity this unique canvas could provide for the perfect flipper in today's market.

Just a short drive to the beaches and gorgeous coastal town of Old Bar, Taree is in a superb location surrounded by picturesque national parks of the beautiful Manning Valley just 30 min to Forster/Tuncurry, an hour south of Port Macquarie and easily accessed up uninterrupted freeway from Sydney. With plenty of shops, cafes, schools, transport and hospital facilities, and nestled in the curves of the stunning Manning River, it is an ideal lifestyle area boasting all the amenities and convenience.
Investment opportunities with returns of 6% (gross) or more are seldom found in our current market and with the potential for far greater returns on offer here this property should make it to the top of your inspection list. Call Sam Halloran for more information today!

Property features

secureParking

Secure Parking

toilets

Toilets: 2

Other features

Built-In Wardrobes, Close to Schools, Close to Shops, Close to Transport, Secure Parking, large block

Land details

Area: 744.5m²
Fourth view of Homely semi-detached listing, 116 Bushland Drive, Taree NSW 2430View more
Fifth view of Homely semi-detached listing, 116 Bushland Drive, Taree NSW 2430View more

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116 Bushland Drive, Taree NSW 2430
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