Set on a large 1413m² block, this classic early 1900’s character brick residence has been converted into four one-bedroom flats with a shared laundry and double carport.
Currently returning a combined rental income of $630.00 per week, this property presents opportunity for further improvements to increase rental yield, and with the size of the block there could also be options for additional parking and outdoor improvements. Alternatively, it could be restored to its original beauty.
Well positioned in the desirable and popular town of Uralla, just a short walk from the vibrant town centre, a 20 minute drive to Armidale and the University of New England, or an hour to Tamworth.
Uralla has experienced steady growth in recent years, supported by consistent rental demand and a welcoming community, making it an appealing choice for both long-term tenants and investors.
There have been a number of native trees and shrubs planted on the block which create a more attractive setting and add some natural screening from the street, and additions could be made to this too.
To book an inspection or for any other information please get in touch.
DISCLAIMER: "The above information has been supplied to us by sources we believe to be reliable. We do not accept responsibility to any person for its accuracy and do no more than pass this information on when advertising the property. Interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate."
