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359 Armidale Road, East Tamworth NSW 2340

$515,000

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$515k - $541k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 1 Car 800 m²

Listed: 41 days ago

Updated: 4 days ago

Overview

Just minutes from the Tamworth CBD, this property offers exceptional dual income potential with two separate brick dwellings situated on a substantial 800sqm block. The main residence retains a charming character, featuring two spacious bedrooms and original wallpaper that brings a nostalgic ambiance. The kitchen’s ample cabinetry enhances its practicality, seamlessly connecting to the dining and living areas and leading directly to the internal laundry. Modern touches include an updated bathroom and split-system air conditioning, adding comfort and convenience.

Hidden privately behind the main house, a self-contained granny flat offers a versatile space complete with its own kitchenette and bathroom. Its open-plan design supports a bedroom and living area, making it an ideal retreat for teenagers, guest accommodation, or a lucrative rental opportunity to supplement income streams.

The generous lawn separating the two dwellings provides an inviting outdoor area for children and pets to play safely. Multiple carports positioned beside and behind the granny flat offer covered parking or additional storage space, enhancing the practicality of the property.

This affordable home represents a worthwhile investment for buyers seeking a property with significant future upside. Its location, layout, and features could appeal to families, investors, or multi-generational households.

Two brick dwellings on one impressive 800sqm block
Main home with character and updated amenities
Self-contained granny flat for guests or income
Spacious outdoor lawn for recreation
Multiple covered parking facilities

The property is conveniently positioned close to essential amenities and attractions including UNE Tamworth site, primary and high schools, shopping centers, parks, and the local hospital, all within a short drive.

Local Market Insights

In East Tamworth, Quiet Listings observed 54 new houses entering the market over the last 30 days, down from 59 during the previous 30-day period, with an average advertised asking price of $841,175. The property type mix of listed properties is predominantly Houses at 83%, followed by land (6%), and commercial properties (5%). The most active agency for houses in the East Tamworth area is currently PRD Nationwide, representing 30% of new listings, followed by Elders Real Estate with 26%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.