7 Short Street, Tuncurry NSW 2428

7 Short Street, Tuncurry NSW 2428
Multi-unit block | All tenanted | Flood overlay | Central Tuncurry | Secure income stream This property presents a rare, turnkey commercial residential holding in a central location, offering immediate rental income from six units on a single, large block without strata. Its configuration of four two-bedroom and two one-bedroom units caters to a broad rental market, and the full occupancy signals strong underlying demand. This property serves an investor seeking a hands-off, diversified income stream from a single title, with the scale and land component atypical for the area. The primary investment mechanism is the flood planning overlay, which imposes potential insurance premiums, financing complications, and future capital constraints. The commercial logic rests on maintaining the existing tenancy profile while banking the land value; any development potential is contingent on complex council approval. Hold this property for its current income yield, but underwrite all financial models with elevated risk and carrying costs due to the flood designation.
Detailed Independent Property Report prepared  by PropCred Analyst team for 7 Short Street, Tuncurry NSW 2428
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Market Insight:

Tuncurry is a coastal suburb with strong appeal to downsizers and retirees, driving steady demand for its diverse housing mix. The house market has demonstrated solid growth, while the unit segment has shown recent volatility. Future prospects are supported by planned local infrastructure upgrades, though the market’s elevated position and a significant proportion of strata apartments present notable considerations for buyers.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

1

Land

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