1,2,3/64 Chatham Ave, Taree, NSW 2430

HIGHLY DESIRABLE INVESTMENT OPPORTUNITY

LJ Hooker Old Bar Beach are presenting a rare and highly desirable investment opportunity in Taree. This medical anchored, multi-tenanted asset combines security, versatility, and long term growth - perfect for investors seeking a quality addition to their portfolio.

Set on a substantial 1,480sqm* R1 zoned parcel, the property comprises three separately titled dwellings, all positioned just moments from the CBD. With a new lease to a reputable healthcare provider and the added benefit of residential income, this asset delivers both stability and diversity

Property and Investment Highlights:
- Health 4 Community secured on a three (3) year lease to 2028, with two (2) additional three (3) year options extending possible tenure to 2034, providing excellent long-term confidence
- Attractive lease terms with annual rent increases to the greater of 3% or CPI, ensuring dependable, compounding income growth over time
- Residential dwellings have opportunity for immediate growth, with market rents estimated to be above current income

Three versatile dwellings, offering multiple income sources and future flexibility:
- A well presented three bedroom cottage at the rear of the property with carport
- A spacious four bedroom upstairs unit (above medical suite) with double garage
- A dedicated medical suite with long term healthcare occupancy with off street carpark

Combine the above with a solid Net Income: $123, 325 pa* with room for improvement.

This is an outstanding opportunity for investors seeking a reliable, low maintenance asset anchored by essential services and strengthened by multiple tenancies.

For more information or to arrange a private inspection, please contact:
Adam Stevenson – LJ Hooker Old Bar
0409 607 967

Disclaimer: All information contained therein is gathered from relevant third party sources.
We cannot guarantee or give any warranty about the information provided.
Interested parties must rely solely on their own enquiries.
*Approximate areas, distances, times, figures

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Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.