24 Sussex Street, Tamworth NSW 2340

Priced to reflect the improvements required, this solid brick and tile home represents good value to investors in a very competitive market. With a long-term tenant in place who is in the process of commencing a new 12-month lease with an incorporated rent increase to $240 per week, the property returns a sound rental yield with the opportunity to significantly increase its value with a few updates.

Features of the property include;

• Good rental return approx 7.34%
• Enclosed yard overlooking the recreational grounds
• Evaporative cooler replaced only a couple of summers ago
• Long term tenant approx 10 years
• Could benefit from a coat of paint & replacement of several windows
• Land size 587.5 & Rates $2,121 p/a approx