On offer is a high cash flow investment opportunity with a total rent appraisal of $540 per week. Located at the front of the block is a spacious three bedroom home with two bathrooms and a large living area. Positioned at the back of the property is a one bedroom flat with its own kitchen and bathroom that is currently leased at $190 per week to a long term tenant. 63a Markham Street is located between the CBD of Armidale and the University of New England making this easy to lease.
The front house offers:
Three large bedrooms with built in robes
Two bathrooms including an ensuite of the master bedroom
A large living area flowing from the kitchen
Heating includes reverse cycle air conditioning and a wood fire
Large double carport with direct access into the home
Current rent appraisal is $340 – $350 per week
The studio offers:
Self-contained flat
Bathroom with shower and toilet
Currently leased at $190 per week with a long term tenant
Total rates per annum are $2846.04
Total strata fees per annum are $4542.72 ( This includes building insurance )
This is an excellent opportunity to secure a high cash flow property close to Armidale CBD. For any further details on this excellent investment opportunity or to arrange a private viewing on this property contact Jeremy Creagan on 0401 508 801.
*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*