Showing a 8% (gross) return figure with minimal outgoings, this investment should be at the top of the list for your next purchase. Three separate rentable spaces currently return $650 total per week or $33800p/a, and all three units are in current leases at least until Dec 2016.
The six bedroom house divides into two main apartments and also houses the bathroom for the granny flat to the rear. Period features such as high ceilings, picture rails, lining boards and stained glass windows throughout, showcase the character of this building and make for a great street presence unlike most unit blocks. Set on a 1357sqm block in central Armidale.
