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1&2/9 Reginald Drive

Kootingal, NSW 2352, Australia
$865,000
5 bed 3 bath 2 car

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Area Price Guide
$813,100$916,900

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12
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$600,000
Area median
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+44%
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Yesterday
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About this property

Welcome to 1 & 2/9 Reginald Drive, Kootingal, an outstanding dual-income opportunity offering strong returns in a growing and family-friendly location. This near-new duplex presents the ideal investment opportunity with a combined five bedrooms, three bathrooms and quality finishes throughout both residences. Unit 1 features three carpeted bedrooms, two bathrooms and a single lock-up garage with internal access. Two bedrooms include built-in robes and ceiling fans, while the master suite is complete with a walk-in robe, ensuite and ceiling fan creating a comfortable and convenient space. At the heart of the home, the open-plan living, dining and kitchen area creates a functional and inviting space, also serviced by split system air-conditioning and ceiling fans. Outside, a covered alfresco area overlooks the private backyard, offering a relaxed outdoor setting. This unit is currently returning $480 per week on a periodic lease agreement with the fixed term agreement expiring on March 11th, 2026. Unit 2 offers two carpeted bedrooms, one bathroom and a single carport. Both bedrooms include built-in robes and ceiling fans, while the living area is also fitted with split system air conditioning. The open-plan layout flows seamlessly outdoors to a covered alfresco area and private yard, creating a low-maintenance and comfortable living environment. This unit is currently returning $370 per week on a periodic lease agreement with the fixed term agreement expiring on March 20th, 2026. With two modern residences on the one title currently returning a combined $850 per week, 1 & 2/9 Reginald Drive offers investors the opportunity to secure a high-performing asset with multiple income streams. The property also presents an ideal option for owner occupiers looking to live in one residence while generating additional income by renting out the other. With strong tenant appeal, quality finishes throughout and a quiet location, this is a smart addition to any portfolio. Nearby: - Kootingal Public School - 1 Minute - Kootingal IGA - 2 Minutes - Kootingal Bowling Club - 2 Minutes - Farrer Memorial Agricultural High School - 12 Minutes - Oxley High School - 14 Minutes - Tamworth Hospital - 16 Minutes - Tamworth CBD - 18 Minutes Key Features: - 690sqm Block - ~6 Years old Unit 1: - 3 Bedrooms - 2 Bathrooms - Internal Access Garage - Built in Robes - Internal Laundry - Ceiling Fans - Split System Airconditioning - Gas Cook Tops - Currently returning $480 per week on a periodic lease agreement (Lease ended 11/03/2026) Unit 2: - 2 Bedrooms - 1 Bathroom - Carport - Built in Robes - Ceiling Fans - Split System Airconditioning - Gas Cook Tops - Currently returning $370 per week on a periodic lease agreement (Lease ended 20/03/2026) Contact Flynn Bowyer on 0429 999 347 or Sam Morrison on 0408 916 800 to arrange your inspection today! Council Rates: Approximately $2996p.a. Rental Appraisal: Unit 1 - $520-$560pw Unit 2 - $420-$450pw

Property Features

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    Repayment calculator

    $4,193/month
    $2,097 /fortnight
    Loan $692,000 at 6.10% over 30 years

    Upfront costs

    Deposit$173,000
    Stamp duty$29,579
    Conveyancing (est.)$2,000
    Total upfront$204,579
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    3
    Parking
    2
    Listed
    Yesterday

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