24 Hobbs Lane, TAMWORTH NSW 2340

For Sale $358,000
Retail
Description

Commercial + Residential Investment in South Tamworth

Retail - TAMWORTH NSW

A versatile mixed-use investment offering both commercial and residential income streams in an established South Tamworth location. The property combines a leased commercial shop, separate storage shed and a tenanted residential unit, providing multiple income opportunities from one holding.

With current combined income of $19,911 per annum, plus the opportunity to lease the vacant storage shed, this property presents a practical investment with scope to further improve the overall return.

• 24 Hobbs Lane – Commercial Shop
• Currently leased to an established hairdresser
• Current rent: $7,951 p.a. excluding GST
• Current lease expires 15 September 2026
• Existing tenant has indicated they would like to renew the lease

• 24 Hobbs Lane – Commercial Storage Shed
• Currently vacant
• Rental appraisal: $2,600 – $2,800 p.a. excluding GST
• Separate storage area providing an additional income opportunity
• Shown as the garage on the floorplan

• 74A Robert Street – Residential Unit
• Currently tenanted at $230 per week
• Current annual income: $11,960
• Tenant currently holding over outside of a fixed-term lease
• Current combined income: $19,911 p.a.
• Potential combined income including storage shed: approximately $22,511 – $22,711 p.a.
• Mixed commercial and residential investment
• Multiple income streams from the one property
• Established South Tamworth location

This information has been prepared to assist solely in the marketing of this property. Whilst all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Property Features
  • Retail
  • Land is 110.60 m²
  • Floor Area is 115 m²

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