Price Undisclosed

6 Bed  •  3 Bath  •  3 Car

Main view of Homely block of units listing, 10 Wigan Avenue, Armidale NSW 2350
Second view of Homely block of units listing, 10 Wigan Avenue, Armidale NSW 2350
Third view of Homely block of units listing, 10 Wigan Avenue, Armidale NSW 2350
+1

Sold

10 Wigan Avenue, Armidale NSW 2350

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Price Undisclosed

  • 6
  • 3
  • 3

Block of Units Sold on Thu 13 Oct, 2016

What's around Wigan Avenue

Block of Units description

“CASHFLOW POSITIVE INVESTMENT”

An excellent opportunity to secure an entire block of three, fully tenanted units.

Features
3 x 2 bedroom, 1 bathroom single storey units
Built-in robes in all bedrooms
Each unit has its own single lock-up garage and its own off-street parking space
Each unit has its own laundry and clothes line
All three units are on one title
Potential to strata (STCA)
The property is on an approx. 879 sqm level block and has easily maintained grounds

Investment potential:
The units are fully tenanted and are currently achieving $33,020 per annum in rent.
This represents a gross return on investment of 6.95% on the listed price.
There is scope to update the units and increase these returns.

Proximity to Education facilities
650 metres from Drummond Memorial School
km from Sandon Primary School
2.5 Kms from Armidale High School
2.9 Kms from Duval High School
2.6 kms from the University of New England

Proximity to Shopping
230 Metres from the nearest corner store
550 Metres from the Girraween Shopping Village
2.0 Kms from the Armidale CBD (a level walk into town)

Proximity to Dining and Entertainment
1.5 Kms from the nearest hotel/restaurant
1 Km from the nearest park and playground

Proximity to Health Facilities
1 Km from the nearest public and private hospitals

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10 Wigan Avenue, Armidale NSW 2350
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