Positioned on an 897.9sqm block in a convenient Armidale location, 326 Beardy Street presents an exciting opportunity for investors seeking a property with multiple income streams and long-term potential.
Set up as a triplex, the property offers flexibility across three separate units, making it well suited to investors looking to secure a versatile asset in the local market. Currently tenanted, the property already provides income from day one, while still offering plenty of scope to further improve, reposition or maximise returns over time.
The location adds further appeal, being less than a five-minute drive to the centre of town and just around the corner from Drummond Memorial Public School, making it a practical and convenient option for tenants.
With its combination of existing tenancy, triplex configuration, generous block size and future upside, 326 Beardy Street is an investor's delight with plenty of potential.
326 Beardy Street currently receives a strong rental return of $750 per week in its current condition, making it an appealing option for investors from day one.
With further renovations or improvements, there may also be scope to increase the rental return over time and further strengthen the property's long-term income potential.
* We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.*
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