A Boarding House in the thriving Uni town of Armidale with returns over $3000 per week. The property Located close to the University of New England & offers a 22 Room boarding house with multiple living areas and facilities.

Showing excellent returns of approximately $12,000 per month and stable occupancy. This would be appealing to any astute investor looking for an amazing cashflow property. Rooms are currently been let under the boarding house act with strong interest and occupancy. Located 800metres from UNE this boarding house is designed to suit the modern day student. “The Lodge” is designed to give students the peace and privacy they desire, while giving them the UNE student experience. Split into three wings with common areas in the middle each room is lockable, partly furnished with built in robes, bed, desk & chair. There are private renovated bathrooms, kitchen facilities & outdoor areas. Included in the leases is all electricity, water and internet making this a hassle free choice for students.
For further details or to view the income & expenditure reports call Jeremy Creagan on 0401 508 801 or email jeremy@atacre.com.au

*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*