4,9,10&19/29 Florence Street, Taree, NSW 2430

$740,000

Unit
Type
4
Bedrooms
4
Bathrooms
4
Parkings

Last updated on Saturday, April 18, 2026 ( See property details for 4,9,10&19/29 Florence Street, Taree, NSW 2430)

$740,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity comprising four fully leased units in a central, secure complex with potential for value-adding upgrades.

🏡 Property Highlights

  • Secure complex of 20 units with 4 separate properties
  • Prime central location opposite Taree Park
  • Currently leased with a strong combined income of $915 per week
  • Undercover carparks and laundry facilities included
  • Opportunity to update and increase rental return
  • Spanning 2 levels with versatile living spaces

✨ Key Features

  • Ensuite
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Balcony
  • Pet-Friendly
  • Garage / Secure Parking

Taree is a vibrant regional centre offering excellent amenities, parks, and shopping options. Its central location provides easy access to the CBD, recreational facilities, and transport links. The area boasts a strong community vibe, making it ideal for both investors and residents. With ongoing development and a stable rental market, Taree presents a promising opportunity for growth. The proximity to natural attractions and local services enhances its appeal for a balanced lifestyle.

What is the current rental income for these units?
The units currently generate a combined rental income of $915 per week.
Are there any ongoing strata or body corporate fees?
Details regarding strata or body corporate fees are not specified; it is recommended to inquire with the selling agent for precise information.
What potential is there to increase the rental income?
The units offer the opportunity to update and renovate, which could enhance rental returns and overall value.
Are there any planning or zoning restrictions affecting the property?
Specific zoning or planning restrictions are not detailed; prospective buyers should verify with local council for compliance and development potential.
Is the property suitable for owner-occupiers or primarily for investors?
Given the current leasing status and income, the property is ideal for investors, though owner-occupiers may also consider purchasing for future use.
Are there any hidden costs or upcoming maintenance fees associated with the complex? Has the property been inspected for structural issues or pests? Are there any restrictions on future renovations or modifications? What are the terms of the current leases, and when are they due for renewal? Is there any planned development or construction nearby that could impact the property? Are there any easements or zoning restrictions that could limit use or improvements? What are the strata or body corporate fees, and what do they cover? Is the property located in a flood or bushfire-prone area? Are there any ongoing disputes within the complex or with neighbours? What is the history of the property's maintenance and repairs?

4,9,10&19/29 Florence Street, Taree, NSW 2430 - More Details

$740,000

Type
Unit
Bedrooms
4
Bathrooms
4
Parkings
4

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