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Description: Look no further, this is an affordable dual investment home - and the location is just great, just 15 minutes drive into the CBD of Tamworth City.Live in the peace and quiet of this lovely semi rural area - live without the hustle and bustle but be able to access everything for daily life!
Mount Falcon (often called Mount Falcon Estate) is a popular residential and former grazing property located on Woodside Road in East Tamworth,
Estate Features
• Lot Sizes & Pricing: Stage releases feature blocks generally ranging from around 457 square meters up to 881 square meters, with prices historically starting around $210,000 to over $300,000 depending on the phase and block.
• Location & Vistas: Elevated positions give the lots sweeping views over the surrounding area. It is positioned less than 5 minutes away from Tamworth's main shopping, dining, and school precincts.
• Recent News: Tamworth Regional Council has run public exhibitions for new subdivision road names in the area-such as Kangaroo Crest and Koala View-reflecting ongoing growth and future stages in the estate.
TAMWORTH IS BEING STRONGLY PROMOTED AS A VERY HIGH GROWTH AREA WITH MAJOR INFRASTRUCTURE IMPROVEMENTS BEING UNDERTAKEN AND THE WNTIRE AREA IS THRIVING - business, manufacturing, education and health, plus Govt are all major employers. Very strong opportunity for investment.
PROPERTY DETAILS
DUAL OCCUPANCY - 5 BEDS, 3 BATHS AND 2 CARS
Main dwelling: 3 beds, 2 baths and 1 car -
Secondary Dwelling: 2 beds 1 bath and 1 car
LAND SIZE: 652m2. Land cost: $300,000
HOUSE SIZE: 201m2. House build cost: $641,000
TOTAL PACKAGE COST: $941,000
Rental estimate: $1120 total per week
THIS PROPERTY IS NOT YET CONSTRUCTED. IT IS LOCATED WITHIN A NEW ESTATE WHICH IS CURRENTLY UNDER CONSTRUCTION - TITLES ARE ESTIMATED TO BE AVAILABLE IN FEBRUARY 2027.
To Purchase:
EOI with initial $1000 deposit
Subject to finance - you can get preliminary approval but final approval will not be done until lots are fully constructed and valuers can inspect and appraise - then unconditional approval would be available within 21 days of valuation being received by lender
Land settlement: 14 days after registration of title - land deposit payable will be 10% of land price
On unconditional approval an initial building deposit of 5% of build cost is required to be paid - then builder prepares and submits the construction info for construction approval.
Total time frame to completion - allow 8-10 months
THIS PROPERTY IS SUBJECT TO AVAILABILITY AT TIME OF YOUR ENQUIRY.
FOR SALE: $941,000
Kaye Tilley 0418 823 046
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