This neat two bedroom brick home has recently been renovated and represents a great opportunity for an astute investor to acquire a very good property showing an excellent return.
The home has an open-plan kitchen/dining/living area. The kitchen is very modern with durable benchtops, an island bench/breakfast bar, underbench oven, rangehood and ceramic cooktop.
Both bedrooms have built in robes. Low maintenance timber and tile flooring feature right throughout the property.
The home also has a centrally positioned wood heater, ceiling fan, single lock-up garage, small storage shed and a fully fenced yard.
The home is positioned well forward on the 890 square metre block, leaving plenty of room for extensions, a second dwelling or a large garage (subject to council approval of course).
The property is located approximately
1.7 kms from the Armidale public and private hospitals
2 kms from the University of New England
1.7 kms from the CBD
360 metres from local shopping village & restaurants
550 metres from Sandon Primary School
Wood heating and ceiling fan
Timber and tiled flooring throughout
Single lock-up garage
Garden storage shed
890 square metre block
The property has previously been tenanted and has returned $300 per week in rent. This would provide a gross ROI of 6.5% at the current asking price.