5/29 Florence St, Taree is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 1012m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in September 2009.
ON OFFER IS A FANTASTIC OPPORTUNITY TO SECURE A PORTFOLIO OF 5 BEDSITTER APARTMENTS IN THE CENTRAL FLORENCE ST, TAREE PROVIDING EXCELLENT CASH FLOW.AN IDEALLY LOCATED UNIT BLOCK JUST A SHORT WALK TO THE TAREE CBD, 2 SHOPPING CENTRES, THE MANNING RIVER AND LOCAL HOSPITAL AND MEDICAL CENTRES. ACROSS THE ROAD IS A GREAT PUBLIC PARK AND RECREATIONAL OVAL.THESE STUDIO APARTMENTS CURRENTLY RETURN $775 PW WITH STRONG POTENTIAL FOR CAPITAL GROWTH AND RENTAL INCOME.29 FLORENCE ST IS A GREAT LOW MAINTENANCE INVESTMENT TO STRENGTHEN YOUR CURRENT PORTFOLIO OR AN ENVIABLE OPPORTUNITY TO COMMENCE YOUR INVESTMENT FUTURE.DO NOT MISS THIS OPPORTUNITY TO ACQUIRE THIS AFFORDABLE INVESTMENT OPPORTUNITY... THE VENDOR IS HAPPY TO CONSIDER ALL OFFERS PRIOR TO AUCTION.
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 9,696 properties. Over the last 5 years, Houses in Taree have seen a 51.05% increase in median value, while Units have seen a 28.75% increase. As at 31 May 2026:
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