Unit 1 And Unit 2/38 Coorigil Street, Hillvue

TWO INCOMES. ONE PROPERTY. ~5% YIELD. 847m² LAND. VALUE-ADD UPSIDE

INVESTORS & MULTI-GENERATIONAL FAMILIES — THIS ONE IS WORTH A CLOSER LOOK

Two incomes. Flexible living. Genuine upside.

An approved dual-income property in a sought-after pocket of Hillvue, positioned within one of the region’s fastest-growing hubs.

Combining strong rental income, long-term tenants, substantial land and genuine value-add potential, this property offers the opportunity to secure cash flow today while creating further value tomorrow.

For investors, it’s a compelling income-producing asset with room to grow.

For multi-generational families, the dual-income configuration provides the flexibility for multiple generations to live independently while remaining together.

A versatile property with income, land and upside — all in one.

Properties offering this level of flexibility don’t come along every day.


KEY HIGHLIGHTS

•  $850/week combined rental income
•  3-bedroom dwelling — $500/week
•  1-bedroom dwelling — $350/week
•  ~ Approx 5% gross rental yield
•  Long-term tenants in place
•  850m²+ landholding
•  Approved dual-income configuration
•  One title
•  Secure lock-up garage to each dwelling
•  Fully fenced private yard to each side
•  Solid original brick construction with some updates
•  Positioned within a sought-after pocket of Hillvue, showcasing excellent street appeal
•  Very well maintained, and low maintenance
•  Potential for further rental growth
•  Renovation and value-add potential
•  Potential strata-title upside, subject to feasibility & approvals
•  Ideal for multi-generational living



VALUE-ADD OPPORTUNITY

This isn’t simply a property generating rent.
There are multiple avenues to potentially improve:
• Renovate and enhance rental appeal
• Increase rental returns over time
• Investigate potential future strata titling
• Leverage the substantial land component


INVEST FOR TODAY. POSITION FOR TOMORROW.

Located within a fast-growing regional hub benefiting from continued population growth, major infrastructure investment and significant development.
This provides an attractive combination of:
Income + Growth + Value-add + Land


LOCATION HIGHLIGHTS

• Approx. 700m to Hillvue Public School
• Approx. 2.3km to Peel High School
• Close to shopping, supermarkets & everyday amenities
• Minutes to AELEC & Tamworth’s Country Music precinct
• Easy access to Tamworth CBD
• Short drive to Tamworth Hospital.
• Established Hillvue residential location
• Major NEW supermarket & retail precinct development coming to Hillvue. 408–420 Goonoo Goonoo Road


DON’T MISS THE OPPORTUNITY

Properties combining dual income, near-5% yield, substantial land in sought-after pocket and genuine value-add potential are tightly held and rarely come to market.

Early enquiry is strongly encouraged.

For enquiries please phone: 0401 215 734