3/64 Chatham Ave, Taree is a 11 bedroom, 4 bathroom Unit with 12 parking spaces and was built in 1950. The property has a land size of 1480m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 11 bedroom Unit sold in Taree in the last 12 months.
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 provided by vendors as at December 2025
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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