Attention all investors, this is the block of units you have been looking for! Located in a quiet location in Central South Armidale, this rare block of six 2 bedroom units, on a single title, is waiting for a new owner to reap the returns from this highly productive block.
These low maintenance brick units have front and rear courtyards, as well as a carport to each unit. The easy design inside makes these units easily rentable, currently returning a gross of $58,760 per annum, and attractive to a wide range of tenants. All the units have 2 bedrooms with built ins, separate kitchen to the lounge living area, gas heating and plenty living space.
With the current rents ranging from $170-$200 per week, there is loads of opportunity for a discerning investor to add further value to the block down the track.
This type of property is rare to the market, so do not delay and run the sums on this solid unit block. Contact Michael Singleton today on 0434714788 for more information.