Land/Development for Sale

74 Martin Street Tenterfield, NSW 2372

$780,000
  • Land: 860m²

Contact the agent if you'd like further information.

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Land/Development for Sale in Tenterfield

Cavity Brick Whole Block of 4 Units

  • Land: 860m²

Ray White Special Projects and First National Tenterfield are proud to present to the market a fully leased four-unit residential complex, offering secure holding income of $52,520* per annum together with compelling value-add potential through renovation, repositioning or short-stay accommodation^.

  • Entire Complex of 4 x 1 bedroom, ground floor units set on 1 title
  • Current Rental Return showing $52,520* per annum
  • Low maintenance asset with long term tenants & very low turnover
  • 860m²* site area
  • Opportunity to renovate or reposition to short stay
  • Within 1km* of the Tenterfield District Hospital and within walking distance to the town centre
  • Buoyant local economy driven by tourism, agriculture & forestry
  • Recent and potential projects in the Tenterfield Shire include:

- Heavy Vehicle Bypass ($50m*) - improving the freight task on the New England Highway;
- Northern Growth Corridor - Mt Lindesay Road ($27m*) - improving freight access to Qld and across to the north coast

• Strategic location - on the New England Highway 3 hours from Brisbane / Gold Coast and on the Bruxner Highway giving access to the North Coast of NSW and western inland regions of NSW and Qld

For Sale: $780,000

For further information, please contact the marketing agents:

Matthew Fritzsche
Ray White Special Projects (Qld)
0410 435 891
matthew.f@raywhite.com

Steve Alford
First National Real Estate
0428 100 328
general@alfordduff.com.au

*Approximately
^Subject to Council Approval

Land:

860m² / 0.21 acres

Tenancy:

Vacant

74 Martin Street, Tenterfield, NSW 2372
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