$855,000

11 Bed  •  7 Bath  •  7 Car  •  2033m²

Main view of Homely block of units listing, 39 Brown Street, Armidale NSW 2350
Floorplan of Homely block of units listing, 39 Brown Street, Armidale NSW 2350
Second view of Homely block of units listing, 39 Brown Street, Armidale NSW 2350
+9

Sold

39 Brown Street, Armidale NSW 2350

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$855,000

  • 11
  • 7
  • 7
  • 2033m²

Block of Units Sold on Wed 31 May, 2023

What's around Brown Street

Block of Units description

“Lucrative Potential, Prime Location”

Secure a prosperous future with this outstanding investment opportunity in a prime location. Nestled close to the Armidale CBD, this low-set brick complex has been solidly built and offers enticing potential. Comprising seven units, these incorporate four x 2 bedroom, 1 bathroom dwellings and three x 1 bedroom, 1 bathroom units. Tidy and functional, they are consistently leased and yield a healthy $76,000 rental return (approx.) per year.

Perched in a peaceful and convenient setting, multiple education options, including The Armidale School, are within a 2km radius. DIY'ers will love the proximity to Bunnings – a mere 400m on foot – with everything else you need ready for you in the city centre, approx. four minutes away by car.

Occupying a 2033m2 block, and with long-term leases already in place, it's easy to see why this represents a lucrative addition to your investment portfolio. Act fast and arrange an inspection today.

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.

Land details

Area: 2033m²

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39 Brown Street, Armidale NSW 2350
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