Significant Residential Land Development Opportunity
This property represents a significant residential land development opportunity in a highly sought-after location of North Tamworth. Located only 2.7km and 4 minutes from the CBD, the 1.16Ha or 2.86 Acre offering at 10 Manilla road is zoned General Residential providing an opportunity to create mixed-use, aged care/retirement, childcare, medium density residential and other uses subject to council approval.
There is a 3 bedroom residence previously tenanted at $290 per week and substantial industrial shedding on site which can be utilised as a source of income if required throughout the development process. It is coming onto the market at a time of strong activity in the Tamworth residential land market, particularly in the North Tamworth region where opportunities such as this are extremely rare.