“Baringa Gardens” Tamworth NSW
This exceptionally designed Dual Occupancy Home in Baringa Gardens Estate in Tamworth is a 5 Bedroom Dual Dwelling House.
It has a 3 bedroom dwelling on one side and a 2 bedroom dwelling on the other.
Estimated rent in the current market is $670 per week.
Fundamentals of this exceptional property
The dwelling provides the investor with two rents instead of one. This allows the opportunity to create a positively geared investment property.
Because the Dual Dwelling is constructed to such a high standard, we are able to build in owner-occupier dominated estates, helping drive capital growth.
With Dual Occupancy Homes’ unparalleled knowledge of council planning laws, there are minimal outgoings with only one set of rates and no body corporate fees. Forecast market rents for each dwelling make them more affordable to rent than a typical 4-bedroom investment property. Rental demand will therefore be high as well as consistent.
If one of the dwellings is vacant for any period, you will still be receiving rent from the other.
If you are serious about property investment there is no better proposition than a Dual Occupancy Home.
The New England and North West region of New South Wales is located in the north of the state and west of the Great Dividing Range. The region’s cities and centres are rich in heritage, history and character.
An agricultural powerhouse, the strength of the sector is underpinned by favourable climate and soils, access to national and international markets, strong broadacre cropping and grazing sectors and emerging intensive agriculture and food processing sectors.
Tamworth ticks all the all the boxes with strong rental demand, low vacancy rates, high rental yield, growing population and affordable price point, appealing to families, solid transport, retail, medical, educational and road infrastructure, efficient transport networks and strong prospects for future capital growth.
|Address:||LOT 219 Baringa Gardens|
|Lot Square Metres:||810|
|Estimated Weekly Rent:||$670|