$770,000

8 Bed  •  4 Bath  •  4 Car  •  836m²

Main view of Homely unit listing, 5 Solomon Avenue, Armidale NSW 2350
Floorplan of Homely unit listing, 5 Solomon Avenue, Armidale NSW 2350
Second view of Homely unit listing, 5 Solomon Avenue, Armidale NSW 2350
+8

Sold

5 Solomon Avenue, Armidale NSW 2350

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$770,000

  • 8
  • 4
  • 4
  • 836m²

Unit Sold on Wed 15 Feb, 2023

What's around Solomon Avenue

Unit description

“Centrally Located, Prime Investment Opportunity”

Presenting an exciting opportunity in a fabulously central location, this Strata apartment block could represent the key to your long-term financial freedom. Having been built at a time where quality was paramount, the block's solid brick construction has ensured it has stood the test of time and as such it presents extremely well.
Occupying an 836sqm land parcel, the block comprises four neat and tidy units (one of which has been renovated), each with its own courtyard and covered car space. The interiors are a mirror image of each other, and include a living space, kitchen, two bedrooms with built-ins, a bathroom and laundry.
Whether you're looking to secure your family's financial future, or exploring options to fund your retirement, the potential for passive income creation here is incredible, with each apartment currently occupied with quality tenants. Whatever your motivation, there's no denying this is an opportunity that doesn't present itself often!
When it comes to rental investments, location is all important, and this unit block is certainly well located. Placed in a quiet street adjacent to Lambert Park, it's also around the corner from the hospital, a short walk to the railway station, and less than 1.5km from Armidale CBD. Don't delay - call and arrange your inspection today!

- Unit 1 - $260 p/w
- Unit 2 - $240 p/w
- Unit 3 - $260 p/w
- Unit 4 - $290 p/w

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: 836m²

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5 Solomon Avenue, Armidale NSW 2350
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