South Tamworth NSW 2340

Property Details: • Type: New House & Land

• Bedrooms: 6 • Bathrooms: 2

Description: This project is strictly limited to cash-ready purchasers or clients with unconditional finance approval. Expressions of Interest (EOI) will not be considered or processed without providing formal evidence of financial capacity or a current letter of offer from a lending institution." Total Package Price: $788,840 (Land $240k + Belmont 131 Dual Build $548,840) For this 3+3 dual-occupancy Belmont 131 you can expect a total combined rent of approximately $1,000 to $1,080 per week. Kootingal's rental market currently commands a premium due to its status as a popular "satellite village" for Tamworth. Estimated Rental Breakdown - Per 3-Bedroom Unit: 3-bedroom houses in Kootingal typically rent for $500 to $540 per week. - Market Growth: Rents in Kootingal have seen significant annual growth, with some data indicating a 15.6% increase over the last year. Investment Performance. With your total package price of $788,840: - Gross Rental Yield: Approximately 6.6% to 7.1%. o This is exceptionally strong compared to the standard Kootingal house yield of 5.0%. - Annual Income: Estimated at $52,000 to $56,160. Kootingal Market Conditions - Vacancy Rates: Local data shows a vacancy rate between 2.4% and 3.97%. While higher than some metro areas, it reflects a steady demand for family-sized housing in the region. - Proximity to Tamworth: Being only 15 minutes from the Tamworth CBD, it attracts tenants looking for a quiet lifestyle with easy city access. This is a rare opportunity to secure the last remaining lot in the now fully sold-out Stage 6 of Fairview Estate. Lot 104 is the final piece of the puzzle in this premier development, making it a high-demand investment that cannot be replicated. The Ultimate Investment: 19 Cliffdale Place, Kootingal This is an exclusive Bramwell Homes package specifically engineered for this site. The Belmont 131 Dual is the only dual-occupancy model approved for this lot, ensuring 100% compliance with estate covenants and council requirements. - Ready to Build: Skip the design and approval delays-construction is ready to start immediately. - The "Perfect" Lot: A flat, 704 mò rectangular block that minimises site costs and maximises backyard space for both tenants. The "Dual" Advantage Unlike a standard house, the Belmont 131 functions as two separate income streams on one title: - Full Independence: The units are dual-metered for gas, water, and electricity, allowing tenants to pay their own usage and simplifying property management. - Maximum Privacy: Purpose-built floor plans (attached) divide living spaces and entries to ensure both dwellings feel like private homes. - Superior Cash Flow: Benefit from two rental incomes while paying only one set of council rates and land tax, significantly boosting your net yield. Why Fairview Stage 6? - Immediate Equity: As the final lot in a sold-out stage, you are buying into an established community with no future developer competition nearby. - Premium Location: Tucked away in a modern cul-de-sac, attracting long-term, high-quality tenants. - Infrastructure Ready: All utilities and road access are already at the boundary; there is no waiting for titles. By locking in this exclusive Bramwell Homes package, you aren't just buying a house-you're securing a high-yield, low-maintenance asset in Kootingal's most sought-after estate. Current vacancy factor 0.9% DUPLEX 3+3 DUAL OCCUPANCY DESIGN Main dwelling: 3 bed + 1 bath + 1 carport Secondary Dwelling: 3 bed + 21bath - 0 Carport Land size: 704m2 Land price: $240,000. Registered Dwelling total size: 131m2 Build cost: $548,840 TOTAL PACKAGE PRICE: $788,840 Rental estimate: $1000 TO $1080 total per week The location is so beautiful - live within a country atmosphere but have all the services and amenities close by - MAINLY OWNER OCCUPIERS LIVE IN THIS AREA This location is very popular with tenants due to the lovely environment and this being a very secure and safe location for children TO PURCHASE: EOI with initial holding deposit to be paid of $1000 Prefer unconditional buyer - or cash buyer Land settlement: asap Build timeframe- 4-5 months estimate - already approved - ready to build now! If unconditional finance approved Progressive staged construction loan is required This property is subject to being available at time of your enquiry. FOR SALE: $788,840 KAYE TILLEY 0418 823 046