60 A,B,C & D Claude Street, Armidale NSW 2350

Located in the thriving regional town of Armidale NSW is this amazing opportunity to secure four lots, three that are 309.4m2 and one 338.4m2 Torrens Tiles lots that have each been DA approved with four bedrooms, four bathrooms and four kitchens allowing the rooms to be individually leased. The lots are located literally across the road from the University of New England proving a trusted stream of tenants wanting new clean properties within close proximity to the University. Armidale is a busy and growing regional hub located approximately 6 hours to Brisbane and 6 hours to Sydney.

Other new one-bedroom properties that are similar within the are leasing for between $290.00 - $330.00 per week proving a possible combined rent per house of $1320 per week.
Once all four have been built possible gross weekly return could be in excess of $5280 per week making this a savy cash flow investment.
There is no land near the university of New England, so the land content of this property offering provide excellent value let alone the full DA approval and plans.

Do not delay as this property is on the market to be sold. For further details on this site or to review the DA approvals contact Jeremy Creagan on 0401 508 801. *All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*