116 Bushland DriveTaree NSW 2430
Property Details for 116 Bushland Dr, Taree
116 Bushland Dr, Taree is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 745m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (February 2022)
TWO duplex style units for this incredible price!
Outstanding returns from DAY ONE with tenants in place!
In today's market, it's becoming harder and harder to find a solid, well-priced investment opportunity with outstanding returns from day one! That's why Elders Real Estate Taree are excited to present this extremely rare opportunity to purchase not one, but TWO duplex-style units for the price you would pay for a basic residential home in Taree.
Both residences are much larger than your average unit and enjoy:
● Spacious open plan living and dining areas
● Full-size kitchens
● Two sizable bedrooms with built-in wardrobes
● Large bathrooms with both a shower and bath
● Handy separate toilets
● Internal laundries
● Covered front and rear porches
● Separate fenced good size, level backyards
● Two Central Single lockup garages: one attached to each unit with triple width
driveway
● Good setup for privacy to each tenant
● Easy walking distance to great primary school & kindergartens
● Walk to reserve and parks, convenient to high schools and shops
● Beautifully situated elevated corner block on high side of road
● Fantastic size block with easy access
Offering low maintenance brick and tile construction and several recent improvements, including a brand-new kitchen in Unit 1, this investment opportunity will be lining your pockets for years to come.
Almost never vacant and always extremely lettable, the lucky purchasers will have tenants already in place returning an excellent $500 per week combined with current leases.
There is huge scope for far greater returns, both in capital gains and rental income, with both units in need of some TLC when next becoming vacant which will bring fantastic further return rewards.
Budding renovators will also see the massive opportunity this unique canvas could provide for the perfect flipper in today's market.
Just a short drive to the beaches and gorgeous coastal town of Old Bar, Taree is in a superb location surrounded by picturesque national parks of the beautiful Manning Valley just 30 min to Forster/Tuncurry, an hour south of Port Macquarie and easily accessed up uninterrupted freeway from Sydney. With plenty of shops, cafes, schools, transport and hospital facilities, and nestled in the curves of the stunning Manning River, it is an ideal lifestyle area boasting all the amenities and convenience.
Investment opportunities with returns of 6% (gross) or more are seldom found in our current market and with the potential for far greater returns on offer here this property should make it to the top of your inspection list. Call Sam Halloran for more information today!
Property History for 116 Bushland Dr, Taree, NSW 2430
- 22 Dec 2021Sold for $435,500
- 10 Dec 2021Listed for Sale Price Guide $429,000
- 18 Nov 2011Sold for $185,000
Recent sales nearby
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0About Taree 2430
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 9,692 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:
- The median value for Houses in Taree is $517,235 while the median value for Units is $402,123.
- Houses have a median rent of $500 while Units have a median rent of $380.
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