34a Oxley St, Taree is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 568m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
This unique investment opportunity will appeal to those looking to open OR advance their investment portfolios, offering an entry-level price point and excellent ongoing returns. These duplex-style units are currently rented for a combined $445 per week with excellent tenants already in place.
Rarely vacant and always easily let, largely due to being ideally located within walking distance to shops, restaurants, and entertainment venues and just 2km from Taree's CBD. The level 562m2 battle-axe block provides excellent privacy seldom found in residential properties situated in the heart of town.
Sharing only a large, level rear yard, each unit enjoys unique features that appeal to a range of prospective tenants.
Unit 1
• Sizable bedroom with built-in wardrobe
• Spacious loungeroom with air-conditioner
• Combined bathroom and laundry with separate toilet
• Functional eat-in kitchen
• Private, covered rear entertaining area
• Huge double carport with large lockup garage or indoor/outdoor living space
• Additional lockup shed at rear for storage
Unit 2
• Recently updated with new paint and carpet
• Two spacious bedrooms, one with built-in wardrobe
• Large, light-filled living space
• Updated and modern eat-in kitchen
• Expansive main bathroom and laundry combined
• Private, covered rear patio area
Future opportunity is also on offer for the prudent investor, with the property being zoned B6 Enterprise corridor and the following objectives promoted:
• To promote businesses along main roads and to encourage a mix of compatible uses.
• To provide a range of employment uses (including businesses, office, retail and light industrial uses).
• To maintain economic strength of centres by limiting retailing activity.
• To provide for residential uses, but only as part of a mixed-use development.
Multi-income investment opportunities with excellent returns are seldom found in our current market. At this price, many vacant blocks of land selling in our area are more expensive! Call Sam Halloran for more information today!
*Agent Declares Interest
The size of Taree is approximately 47.8 square kilometres. There are 44 parks, covering nearly 5.7% of the 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 9,699 properties. Over the last 5 years, Houses in Taree have seen a 43.13% increase in median value, while Units have seen a 32.50% increase. As at 30 June 2026:
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