PRDnationwide Tumbarumba

20 The Parade Street Tumbarumba, NSW, 2653

02 6948 2182

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Block of Units - Brand New - High Yields

Block of Units - Brand New - High Yields

Property ID: 724533

TUMBARUMBA 102 Winton Street

Listing Rooms8
Listing Bathrooms4
Listing Parking4

For Sale $1,100,000

Land Size: 1012 sqm

Completed in 2019
4 x 2 bedroom townhouses
Upscale, well designed, spacious & open plan
Well constructed with modern finishes
Higher than average ceiling height
Reverse cycle heating and cooling
Gas cooktop/electric oven
Private courtyards
Remote access garages
Central location

Current as of 25/02/2020:
Unit 1 is leased at $265.00pw until 10/02/2020
Unit 2 is leased at $265.00pw until 20/05/2020
Unit 3 is leased at $265.00pw until 25/03/2020
Unit 4 is leased at $265.00pw until 22/05/2020

Other:
Hot water system: Continuous gas
Water - Separately metered per individual unit
Power - Separately metered per individual unit
Zoning: R3 Medium density residential
Rates: $3998.00 per annum (total for all units - approximate)
No Strata - One title!

Tumbarumba has low vacancy rates.
Median rent: $265.00 (approximately)
Tumbarumba rental yield: 5.57% (approximately)

Tumbarumba is benefiting from projects such as the multi million dollar hospital upgrade, expanding timber industry and the upcoming Snowy Hydro 2.0 project which pundits predict will take 7 years to complete.

Nestled in the rolling western foothills of the Snowy Mountains and framed by rugged snow capped mountains, Tumbarumba offers a vibrant country lifestyle whether you are looking to start or purchase a business, raise a family or happily retire. The area is ideal for recreational activity such as bush walking, horse riding, fishing, cycling and snow and water skiing. Snow fields are very accessible with Mt Selwyn less than an hour's drive away and the Kosciuszko National Park on our doorstep. The Mighty Murray River, Paddys River, Mannus Lake, Talbingo Dam, Blowering Dam, Khancoban Pondage, Tooma Dam and Paddys River Dam are all within an hour's drive of Tumbarumba. A piece of paradise many are yet to discover.

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Suburb Profile

Peak Sale Month - March
Peak Sales - 5