Real Estate Australia

BLOCK OF UNITS - 8.2% Return
$980,000

SOLD

Property Location: 20 Queen Street URALLA - ARMIDALE - NSW

Listing Id: 20120760

Details

Bedrooms: 16    Bathrooms: 8    Garages: 8

Land

Size: 2023 Square Mtr Approx

Description: Attention all investors, this is the block of units you have been looking for! Located in a quiet location in the historic township of Uralla, this rare block of eight 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 been very well maintained and has a carport to each unit. The easy design inside makes these units easily rentable, currently returning a gross of approx. $81,000 per annum, with the opportunity to add value to the return given the size of the land. This equates to a 8.26% gross return on the current rent and asking price.
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 tight vacancy rate in the New England, there is loads of opportunity for a discerning investor to add further value to the 2023 m2 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.

BLOCK OF UNITS - 8.2% Return
$980,000

Contact Armidale Town & Country Real Estate Today!!!

Contact Amanda Frizell
Phone 02 6772 2111

Property ID:20120760

External Links

Disclaimer:
http://www.real-estate-australia.com.au assumes no responsibility for the accuracy of information contained on this website,
interested parties must make their own enquiries with Armidale Town & Country!

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Details	Bedrooms: 16 Bathrooms: 8 Garages: 8
Land	Size: 2023 Square Mtr Approx
Description: Attention all investors, this is the block of units you have been looking for! Located in a quiet location in the historic township of Uralla, this rare block of eight 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 been very well maintained and has a carport to each unit. The easy design inside makes these units easily rentable, currently returning a gross of approx. $81,000 per annum, with the opportunity to add value to the return given the size of the land. This equates to a 8.26% gross return on the current rent and asking price. 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 tight vacancy rate in the New England, there is loads of opportunity for a discerning investor to add further value to the 2023 m2 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.

Real Estate Australia

BLOCK OF UNITS - 8.2% Return $980,000

BLOCK OF UNITS - 8.2% Return $980,000

External Links

All Real Estate Guide

BLOCK OF UNITS - 8.2% Return
$980,000

BLOCK OF UNITS - 8.2% Return
$980,000