This rare offering in Armidale's market presents a meticulously renovated set of six Torrens Title units, ideally located close to the University of New England (UNE).
Each unit features two bedrooms with built-in robes, an updated kitchen, a modern bathroom, and internal laundry facilities. The interiors have been tastefully updated with new carpet and vinyl plank flooring offering a contemporary living experience that enhances the property's appeal. Additional highlights include a garage, electric cooking, and gas heating.
A standout feature of this property is its stable, long-term tenants, providing a reliable stream of income. With a current gross income of approximately $104,520 per annum, this property offers solid financial security. Its history of low vacancy rates further emphasizes its desirability to tenants.
Well-maintained, this property features low-maintenance brick construction, a durable tile roof, and well-established gardens. Investors will appreciate the reduced operational costs, allowing for maximized profitability and return on investment. Whether you're looking to grow your portfolio or enter the investment market, this property offers both immediate rental returns and substantial potential for capital growth. With its simple yet robust construction and proven performance, these units represent a secure and profitable investment opportunity.
Contact Cayne Moar to book your inspection today on 0431 435 958
*All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*