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1-3/5 Kilcoy Close,
Armidale 2350, New South Wales

6 bedrooms
3 bathrooms
6 car spaces
Block of Units

$678,800


Property details

INVESTMENT OPPORTUNITY

A great investment opportunity to acquire three well presented, solid brick two bedroom apartments in a quiet cul-de-sac location, with long term tenants in place.

Each units features include:
Open plan living and dining
Two bedrooms with built in robes
Kitchen with pantry, fridge space and electric cooking
Gas heating
Single lock up garage with internal access
North facing
Private courtyards
Formed driveway access

Unit 1
Tenant in lease 09/09/2023 (14 years)
$250 per week

Unit 2
Tenant in lease 17/10/23 (2 years)
$250 per week

Unit 3
Tenant in lease 26/11/23 (2 years)
$250 per week

The units are held on one title with a strong rental history and an excellent rental return of approximately $39,000 per annum gross, with room to grow.

Contact Cayne 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*

Explore the area


School catchments

  • Drummond Memorial Public School Primary K-10 Government 1.0km
  • OneSchool Global NSW - Armidale Combined 3-12 Independent 1.3km
  • New England Girls' School Combined K-12 Independent 1.6km
  • Sandon Public School Primary K-6 Government 1.6km
  • Martins Gully Public School Primary K-6 Government 2.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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