40/40a Stevenson St, Taree is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 626m2.
Positioned for lifestyle and investment, this exceptional dual-occupancy property offers a combined rental return of $820 per weekwith room for growth. Just minutes from the CBD, local schools, shops, and only 600 metres from the beautiful Manning River, this is a prime opportunity for both investors or those with extended families.
40 Stevenson Street | Main Residence
- A charming, character filled three-bedroom home featuring high ceilings, classic details, and a light-filled interior
- Spacious loungeroom with fan, air-conditioning and original open fireplace
- Well maintained kitchen with ample cupboard and bench space
- Functional laundry room located off the kitchen
- Three bedrooms, each with ceiling fans
- Neat bathroom in neutral tones with shower over the bathtub, vanity, and toilet
- Fully fenced backyard with paved patio area, clothesline, and privacy hedges
- Currently leased for $420 per week(lease expired)
40A Stevenson Street | Granny Flat (Council Approved - Built 2018):
- Modern 7 year old self-contained, this two-bedroom granny flat is ideal for extended family, guests, or an additional income stream
- Private front deck
- Open-plan living, dining, and kitchen area with ceiling fan and reverse cycle air-conditioning
- Two bedrooms, both with built-in wardrobes and ceiling fans
- Contemporary bathroom with shower, vanity, toilet, and concealed laundry
- Tandem carport for off-street parking
- Currently leased for $400 per week (lease expiry July 2026)
Prime Location:
- 600m to Manning River and boat ramp, perfect for outdoor and water enthusiasts
- 800m to Manning Mall & Taree Central Shopping Centres
- 500m to local cafes, takeaway outlets, and essential services
- 750m to both Primary and High Schools, ideal for families
Whether you're looking to expand your investment portfolio or secure a home with supplementary income, 40 & 40A Stevenson Street delivers flexibility, location, and strong returns. With the option to live in one residence and lease the other, this property offers long-term versatility for investors, multi-generational families, or those seeking additional income.
Don't miss this smart investment in a sought after location. Contact Justin Atkins on 0417 955 176 or Kelly Sawyer on 0421 025 081 for further information.
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 9,703 properties. Over the last 5 years, Houses in Taree have seen a 41.19% increase in median value, while Units have seen a 29.12% increase. As at 31 July 2026:
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