11 Salmon Avenue, Armidale NSW 2350

If you've been considering buying an investment apartment, we've got an even better option for you. Why not buy a whole block?! Located only 15-minutes' walk to Armidale CBD, this block of three apartments with tenants already in place represents not only an immediate income stream, it also holds a wealth of future potential.

Each apartment comprises a living area, kitchen and laundry, as well as two bedrooms with built-ins and a bathroom. Also of great appeal, each residence benefits from its own private backyard, making it accessible for those with young children or small pets, as well as a covered car space. Occupying a 985sqm block, the garden surrounds are remarkably easy-care with just a quick mow every so often seeing them looking pristine.

As it currently stands, you would achieve a rental return of up to $700 per week, however a few cosmetic internal updates could make a huge difference to the overall offering and see your return increase over time.

Without doubt, this is a solid investment in a fantastic location that could hold the key to your retirement plan. A stone's throw to the centre of town and with MacDonald Park, the East Armidale store and public transport only moments away, not to mention The Armidale School, with this investment under your belt, the future is looking bright. Call and arrange an inspection today!

Unit 1 - $200/week rent
Unit 2 - $260/week rent
Unit 3 - $235/week rent

Disclaimer: We have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.