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Prime Investment Opportunity - Block of 6 Fully Tenanted Units on One Title - No Strata

Great Location - One Block From Town Centre

98 Carthage Street, East Tamworth

$1,900,000

1,000 sqm

10Bed

6Bath

6Car

Map

Embedded Map

Address: 98 Carthage Street, East Tamworth, NSW 2340, Australia

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Description

Features at a glance

One owner first time offered to the market!

An exceptional opportunity presents itself just one block from the CBD - a rare and hight sought-after investment with strong, consistent returns.

Situated in a tightly held location, this block of 6 fully self-contained units is offered, on a single title with no strata, making it the ideal low-maintenance asset for savvy investors, SMSFs, or developers seeking blue-chip positioning.

With excellent holding income and a premium location just moments from shops, cafes, public transport, and essential services, this property ticks all the boxes for both immediate returns with long-term growth.

Opprotunites like this are incredibly rare. Enquire today to secure a solid investment in a high-demand central locations.

  • 4x 2 bedroom and 2x one bedroom units - neat, well-maintained, and fully tenanted
  • One block from the CBD - prime central location, high demand rental
  • No strata fees - full control of the entire property
  • Garages x4 and Carport x2 for each unit
  • Strong rental yield - all units currently fully occupied
  • Solid construction with scops to update and increase returns
  • Currently returning $1,980 per week
About this building
  • Brick and tile
  • Built in 1975
  • Block of 6 units, 4x 2 bedroom
  • 2x 1bedroom
Why are they moving

Investment property, the owner has owned since new and decided to release the units to a new owner

What they loved about the property

The block of units has been a wonderful investment prospect since being built by the current owner.
They have always been occupied and sit in a great location one block from the CBD.

Item Locations
  • TV outlet –Living
  • HWS - External Front and Rear of Units

Property Video

Video

Video URL: https://www.youtube.com/watch?v=Imc-ecbOGxs

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Contract

Rental Appraisal

98 Carthage Street

  • Prime Location
  • Investment
  • One Title
  • Fully Occupied
  • High Demand
  • High Growth Area

Property inclusions & details

Council Rates

$13,080.00 approx p/a

Contract Inclusions
  • Fixed Floor CoveringsLight Fittings
  • HWS
  • Split System
  • Built-In Wardrobe/Dressing Table
  • Blinds
  • Stove
  • Rangehood
Unit1/2/3/6
Lounge
  • 4.6m x 5.0m
  • Carpet
  • Blinds
  • TV Outlet
Dining
  • 2.3m x 2.4m
  • Split System
  • Carpet
  • Sliding Door to Courtyard/Balcony
Kitchen
  • 2.5m x 2.7m
  • Tiles or Vinyl
  • Free Standing Oven
  • Pull Out Range Hood
  • Double Sink
  • Mixer
  • Breakfast Bar
Bedroom
  • 3.9m x 3.9m
  • Carpet
  • Built-In Wardrobes and Dressing Table
  • Blinds
Bedroom
  • 2.7m x 3.5m
  • Carpet
  • Built-In Wardrobes and Dressing Table
  • Blinds
Bathroom
  • 2.7m x 2.4m
  • Shower
  • 900mm Vanity
  • Mirror
  • Towel Rail
  • Exhaust/Vent
  • Separate Toilet
  • 45 Litre Laundry Tub
Garage

Unit 4/5
Lounge
  • 8.3m x 5.9m
  • Split System
  • Carpet
  • Blinds
  • TV Outlet
Dining
  • 2.5m x 2.4m
  • Carpet
  • Sliding Door to Courtyard/Balcony
Kitchen
  • 3.3m x 2.4m
  • Tiles or Vinyl
  • Free Standing Stove
  • Pull Out Range Hood
  • Double Sink
  • Mixer
Bedroom
  • 3.4m x 5.6m
  • Carpet
  • Built-In Wardrobes and Dressing Table
  • Blinds
Bathroom/Laundry
  • 4.5m x 3.9m
  • Shower
  • 900mm Vanity
  • Mirror
  • Towel Rail
  • Exhaust/Vent
  • Separate Toilet
  • 45 Litre Laundry Tub
Balcony
  • 2m x 2.3m
  • Balcony
  • Courtyard
Garage

Surrounding sales

1 Oxley Street, North Tamworth

Beds
Baths
Cars
Sold Date
Size
Sold Price
4
4
4
10/07/2025
544 sqm
$1,103,000

1/11 King Street, West Tamworth

Beds
Bath
Car
Sold Date
Size
Sold Price
2
1
1
08/10/2024
79 sqm
$1,495,000

322 Goonoo Goonoo Road, South Tamworth

Beds
Baths
Cars
Sold Date
Size
Sold Price
5
4
4
24/06/2025
639 sqm
$965,000

1 Dumaresq Street, West Tamworth

Beds
Baths
Cars
Sold Date
Size
Sold Price
8
4
4
18/03/2025
1,088 sqm
$865,000

Around the area

 

St Nicholas Primary School, Tamworth Public School, Oxley High School, Calrossy Anglican School, Tamworth Tafe Campus, Ekidna Tamworth School of Early Learning 

  Bus stop, taxi, a number of daily flights to Sydney and Brisbane

Parks, The Courts @ East Tamworth Tennis Club, Woolworths Eastpoint, Motels, Takeaway Outlets, Petrol Station, Tamworth CBD

 

Agent Details

Agent Details

Meet the Team

Agent Details

Jason Wherritt

Sales Consultant

Agent Details

Karen Vial

Class 2 Licenced Real Estate Agent

Agent Details

Mark Madden

Class 2 Licenced Real Estate Agent

Agent Details

Stephanie See

Class 2 Licenced Real Estate Agent

Agent Details

Shai Avery

Sales Administrator and Client Services Manager

Agent Details

Zoe Cosgrove

Assistant Agent

Agent Details

Ellie Faggiotto

Assistant Agent

Agent Details

Jess Chapman

Sales Administration

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