1/16 Coolabah Dr, Taree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 152m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Positioned in a quiet complex of just 4 villas, we welcome you to explore this spacious and conveniently situated property if you're seeking a smart investment opportunity or something to downsize into. The brick and tile construction blends nicely with the well maintained grounds, creating a serene atmosphere for this ground floor villa. Secure parking is an advantage thanks to the single lock-up garage and there's also a private grassed courtyard to enjoy. If you're on the hunt for a hassle-free addition to your rental portfolio, your search ends here with this set-and-forget investment. Currently boasting a secure lease with an excellent long term tenant set to run until June 2024, ensuring a steady rental income. The property presently yields a solid $340 per week.
The property highlights consist of:
- Conveniently situated 2.3km from the town centre, Hospital, local shops and schools
- A spacious living room at the entrance leading to the kitchen and dining area
- The tidy kitchen offers ample storage space, an upright stove and a breakfast bar
- Two roomy bedrooms with built-in wardrobes for all your storage needs
- A well maintained bathroom with a bathtub, separate shower and separate toilet
- A generous internal laundry area with easy access to the courtyard
- Secure single car garage for parking or storage
This very well-kept villa offers appealing features and an easy to manage layout making it a standout choice in the current market. For more information or to arrange a viewing, please get in touch with Justin Atkins on 0417 955 176 or Kelly Sawyer on 0421 025 081
Approximate Outgoings:
Council, water & sewer rates- $698 per quarter
Strata levies- $700 per quarter
The size of Taree is approximately 47.8 square kilometres. It has 44 parks covering nearly 5.7% of total area. The population of Taree in 2016 was 16197 people. By 2021 the population was 16715 showing a population growth of 3.2% in the area during that time. The predominant age group in Taree is 60-69 years. Households in Taree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Taree work in a community and personal service occupation.In 2021, 58.70% of the homes in Taree were owner-occupied compared with 58.50% in 2016.
Taree has 9,695 properties. Over the last 5 years, Houses in Taree have seen a 55.18% increase in median value, while Units have seen a 55.28% increase. As at 31 January 2026:
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