Low Maintenance - High Returns

This rare offering in Armidale's market presents a meticulously renovated set of six Torrens Title units, ideally located close to the University of New England (UNE).

Each unit features two bedrooms with built-in robes, an updated kitchen, a modern bathroom, and internal laundry facilities. The interiors have been tastefully updated with new carpet and vinyl plank flooring offering a contemporary living experience that enhances the property's appeal. Additional highlights include a garage, electric cooking, and gas heating.

A standout feature of this property is its stable, long-term tenants, providing a reliable stream of income. With a current gross income of approximately $104,520 per annum, this property offers solid financial security. Its history of low vacancy rates further emphasizes its desirability to tenants.

Well-maintained, this property features low-maintenance brick construction, a durable tile roof, and well-established gardens. Investors will appreciate the reduced operational costs, allowing for maximized profitability and return on investment. Whether you're looking to grow your portfolio or enter the investment market, this property offers both immediate rental returns and substantial potential for capital growth. With its simple yet robust construction and proven performance, these units represent a secure and profitable investment opportunity.

Contact Cayne Moar 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*

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School catchments

OneSchool Global NSW - Armidale Combined 3-12 Independent 0.40km
Sandon Public School Primary K-6 Government 0.47km
Drummond Memorial Public School Primary K-10 Government 1.2km
PLC Armidale Combined K-12 Independent 1.3km
St Mary's Primary School Primary K-6 Catholic 2.0km
Ben Venue Public School Primary K-6 Government 2.0km
Armidale Secondary College Secondary 7-12 Government 2.0km
Armidale City Public School Primary K-6 Government 2.3km
New England Girls' School Combined K-12 Independent 2.5km
O'Connor Catholic College Secondary 7-12 Catholic 2.8km
The Armidale School Combined K-12 Independent 2.8km
Martins Gully Public School Primary K-6 Government 3.0km
Newling Public School Primary K-6 Government 3.3km
The Armidale School, Peter Hall Trade Training in Schools Centre Secondary Independent 3.7km
Minimbah Primary School Primary K-6 Independent 4.1km
The Armidale Waldorf School Combined K-11 Independent 4.2km
Kellys Plains Public School Primary K-6 Government 8.1km
Thalgarrah Environmental Education Centre Combined Government 17.4km
Uralla Central School Combined K-12 Government 21.9km
Guyra Central School Combined K-12 Government 31.0km
Walcha Central School Combined K-12 Government 53.7km
Bundarra Central School Combined K-12 Government 66.5km
Glen Innes High School Secondary 7-12 Government 84.6km
Manilla Central School Combined K-12 Government 92.8km

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.

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