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1-5/100 South Street

1-5/100 South Street
Telarah, NSW 2320

$1,600,000
Sold on 13th October 2023
11
5
5
1051m²
Brochure

Investment Opportunity in Telarah

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The Agent Loves
"A fantastic opportunity awaits with this complex of 5 units for the investor looking for a great investment opportunity which is only minutes to all the conveniences of the Maitland CBD and Rutherford Shopping Centre"

The Location
Residents will love the convenience this location offers, with Telarah's bustling neighbourhood shopping precinct complete with a local butcher, supermarket, newsagency, chemist, and other essentials only a 600m walk away. Additionally, the close proximity to the Maitland CBD and its vibrant Levee Precinct provides easy access to a wide range of dining, shopping, and entertainment options, ensuring residents can enjoy the best of both worlds - a peaceful suburban retreat and the vibrant city centre just a short distance away.

Telarah Local Shops - 1 min (650m)
Maitland CBD - 4 min (2.6km)
Stockland Green Hills - 9 min (8.4km)
Newcastle CBD - 39 min (37.4km)

The Style
These units boast a charming brick and tile construction, with a neat and tidy outdoor area and carport for each resident. The interior of each unit offers a warm and inviting aesthetic through the use of exposed brick feature walls, timber-look flooring and a neutral colour palette.

The Life
Discover an exceptional investment opportunity in Telarah with this block of five units. Consisting of four two-bedroom properties and one three-bedroom unit, these well-designed residences offer comfortable and convenient living spaces.

The units feature kitchen and living areas downstairs, complete with a Panasonic split-system air conditioner and timber-look vinyl flooring in the kitchen. The exposed feature brick walls add a touch of character to each room.

Upstairs, the main bathroom showcases tiled flooring, while the bedrooms are carpeted with large windows and equipped with double built-in wardrobes. Unit five also offers its upstairs front veranda, providing a delightful outdoor retreat.

Residents will appreciate the convenience of having their own laundry room and their own single-car carport, ensuring ample parking space. Additionally, an additional external storage locker provides extra storage capacity for belongings.

The location of these units is highly advantageous, with easy access to public transport and Telarah station within walking distance. The proximity to parks and the local shopping precinct adds to the appeal and convenience of the area.

Another important feature is the school zoning area, zoned for Telarah Public School and Rutherford Technology High School - making it an easy choice for families wanting to reside here.

With their potential for strong rental returns, this block of units presents an enticing opportunity for investors looking to build a comprehensive property portfolio. Take advantage of the accessibility, desirable location, and well-designed living spaces offered by this block of units in Telarah.

Current rental income:
$1,775.00 per week

Potential rental income:
$1,820.00 per week

Lease terms:
Unit 1 $350 pw Expiry: 18.09.2023
Unit 2 $350 pw Expiry: 05.05.2024
Unit 3 $350 pw Expiry: 22.01.2024
Unit 4 $310 pw Expiry: 23.08.2023
Unit 5 $415 pw Expiry: 06.05.2024

SMS 100South to 0428 166 755 for a link to the online property brochure.

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Property features

  • Carport Spaces: 5
  • Toilets: 5
  • Carpeted
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Open plan living
Suburb Profile

Telarah

NSW 2320
Telarah NSW 2320 Learn More