Welcome to your dream investment opportunity! Nestled at the end of a quiet street in the serene surroundings of Armidale this delightful 3-bedroom, 1-bathroom home awaits its new owner. Boasting a generous land size of 1,314 square meters, this property offers plenty of space and potential for various possibilities.
Key Features Include:
Solar Panels: Enjoy the benefits of sustainable living with solar panels installed on the roof, resulting in minimal energy costs (only $100 per quarter!) and valued at $10,000.00
Tranquil Location: Situated at the end of a tranquil street with only one side neighbour, providing a sense of privacy and peace.
Comfortable Living: Stay cozy year-round with both air conditioning and a wood fire, ensuring comfort no matter the season.
Income Potential: This property presents a lucrative opportunity as an Airbnb investment, with a potential a rental income of $740.00 per week with a remarkable yield of 9.6%.
Development Potential: With a sizable land parcel, there's the exciting opportunity to subdivide the property into two blocks, allowing for further development and increasing its value.
Subdivision Ready: A survey plan worth $2,750.00 is available for potential buyers for, enabling them to kickstart the subdivision process immediately upon acquisition.
Entertainment Space: The spacious backyard features a unique bubble tent, offering guests a one-of-a-kind experience and further enhancing the property's appeal.
Convenience: Benefit from the convenience of two parking spaces and a shed for additional storage.
Ample Space: Three bedrooms provide ample space for residents and guests alike.
Well-Appointed Bathroom: One well-appointed bathroom ensures comfort and convenience.
Turnkey Investment: This property comes with the added bonus of a mature management team looking after the Airbnb operations, making it an ideal turnkey investment opportunity.
Immediate Income: The option to sell the Airbnb business along with the house presents the buyer with an immediate income-generating asset.
5 Bracken Street would likely to attract a rental value of approximately $440.00-$460.00 per week in it's current condition.
Don't miss out on the chance to own this exceptional property in Armidale, NSW. Whether you're looking for a comfortable family home, a savvy investment opportunity, or a combination of both, this property has it all.
*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.*
