7 Salmon Avenue

Armidale NSW 2350

980 m²

House

Currently for sale - view listing

Overview

Incredible Investment Opportunity In Tightly Held Neighbourhood - Low Maintenance, Double Brick Family Home With Two Additional Residences

With three residences cleverly constructed on a deep block in a prized neighbourhood, an incredible opportunity awaits a savvy investor or owner occupier looking for an additional income stream. A classic 1970s build, focusing on quality construction, the main residence boasts a choice of living areas, freshly painted interiors, two bathrooms and a recently renovated kitchen. The second residence offers two large bedrooms with built ins and a back terrace overlooking a peaceful and private back yard. A third residence is a neat and tidy studio with bathroom, perfect for visiting family and friends. With strong income potential and further opportunities to add value (STCA) and set in a sought-after pocket with shops, schools and parks all close by, this impressive asset is a rare find. - Low maintenance double brick construction - Tightly held street in sought after neighbourhood - Current Rental $800 per week - 2 lock up garages - Potential to add further value STCA - Affordable living with rental yield - Spacious open plan living, dining and kitchen - Additional two living areas for growing family - Second living opens onto peaceful terrace - 3 bedrooms, 2 with built-in wardrobes - Recently renovated kitchen, ample bench space - Gas heating and 2 reverse cycle air con units - Two bathrooms, one with bath, separate toilet - Oversized laundry, storage and additional toilet - Security camera system, plentiful storage throughout Residence 2 - 2 large bedrooms, both with built-ins - Spacious kitchen with electric stove - Bathroom with separate toilet - Large laundry with external access -Spacious studio with bathroom 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.