For Sale 4 Oliver Avenue, Armidale
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OUTSTANDING INVESTMENT IN PRIME CENTRAL LOCATION- 6.51% GROSS ROI

10 Bed | 4 Bath | 4 Car

Features
2 x 3 bedroom, 1 bathroom single-storey units, returning $270 per week each
2 x 2 bedroom, 1 bathroom single-storey units, returning $230 per week each
Built-in robes in all bedrooms
Each unit has its own off-street under-cover parking space
Each unit has its own laundry and clothesline
Units are strata titled
The property is on an approx. 1,347 sqm level block and has easily maintained grounds

Investment and Development Potential
The units are fully tenanted and are currently achieving $52,000 per annum in rent
This represents a gross return on investment of 6.51% on the listed price
Two of four units have scope to update the units and increase their return
The two x three bedroom units have been tastefully updated

Proximity to Education Facilities (approx.)
750 metres from OConnor Catholic College
700 metres from The Armidale School
2.8 kms from Armidale High School
1.3 kms from Newling Public School
1.6 kms from Armidale City Public School
1.2 kms from St. Marys Catholic Primary School
5.5 kms from the University of New England
290 metres from Littlebear Childcare facility

Proximity to Shopping Facilities (approx.)
400 metres from the nearest corner store
850 Metres from Aldi Supermarket
650 metres from the Armidale Food Emporium (Coles Supermarket Complex)
500 from the Armidale CBD (a level walk into town)

Proximity to Dining and Entertainment (approx.)
350 metres from the nearest hotel/restaurant
650 metres from MacDonald Park
250 metres from DJs Caf and Provedore

Proximity to Health Facilities (approx.)
2.2 kms from the nearest public and private hospitals


OPEN FOR INSPECTIONS

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For Sale

$795,000
  • Contact

    Brad Dunham

    M 0448 721 277
    P (02) 6772 1277

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