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Dual Income Opportunity
$449,000


Click here to see the floorplans


  SOLD  

Property Location: 75 Douglas Street Armidale - ARMIDALE - NSW

Listing Id: 20571843  

Details

Bedrooms: 4    Bathrooms: 2    Garages: 1   

Land

Size: 674.3 Square Mtr Approx  

Description: Situated on a manageable 674m2 approx. block in a central part of Armidale is this great opportunity to secure a dual income producing property. Consisting of a renovated 3 bedroom home, plus an as new 1 bedroom granny flat, both with their own separated yards. Some of the features of the property include:
# 3 Bed home.
- 3 generous sized bedrooms.
- Restored timber floors throughout.
- Updated kitchen and bathroom.
- Low maintenance yard.
- Freshly painted through.
- Current tenant paying $350 per week on a new lease.

# 1 Bed flat.
- Newly built solar passive 1 bedroom flat.
- Double glazed windows with a skillion roof.
- Modern combined kitchen/lounge room, which opens up to an ample sized deck.
- 1 bedroom with great storage.
- Modern bathroom with combined concealed laundry.
- Single lock up garage and separate carport.
- Easy to manage yard space which is fully fenced.
- Currently owner occupied.
- Total potential leasing capacity of $630 per week, to give a gross yield of over 7.2%.

This dual income potential property is rare in this Central location to the CBD. With an opportunity to live in one and lease the other....or as a sit and forget cash flow opportunity for a savvy investor, this property offers several different options.
For more information, please feel free to contact Michael Singleton on 0434714788.

*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*


Dual Income Opportunity
$449,000


Contact Armidale Town & Country Real Estate Today!!!

Contact Michael Singleton
Phone 0434 714 788

Property ID:20571843

Email Armidale Town & Country Real Estate Now!


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