$799,000
1-4/4 Oliver Avenue, Armidale NSW 2350
Other
1044
Block size: 1351 m² approx.
OUTSTANDING INVESTMENT IN PRIME CENTRAL LOCATION- 6.51% GROSS ROI
Features
2 x 3 bedroom, 1 bathroom single-storey units, returning $270 per week each
2 x 2 bedroom, 1 bathroom single-storey units, returning $230 per week each
Built-in robes in all bedrooms
Each unit has its own off-street under-cover parking space
Each unit has its own laundry and clothesline
Units are strata titled
The property is on an approx. 1,347 sqm level block and has easily maintained grounds
Investment and Development Potential
The units are fully tenanted and are currently achieving $52,000 per annum in rent
This represents a gross return on investment of 6.51% on the listed price
Two of four units have scope to update the units and increase their return
The two x three bedroom units have been tastefully updated
Proximity to Education Facilities (approx.)
750 metres from OConnor Catholic College
700 metres from The Armidale School
2.8 kms from Armidale High School
1.3 kms from Newling Public School
1.6 kms from Armidale City Public School
1.2 kms from St. Marys Catholic Primary School
5.5 kms from the University of New England
290 metres from Littlebear Childcare facility
Proximity to Shopping Facilities (approx.)
400 metres from the nearest corner store
850 Metres from Aldi Supermarket
650 metres from the Armidale Food Emporium (Coles Supermarket Complex)
500 from the Armidale CBD (a level walk into town)
Proximity to Dining and Entertainment (approx.)
350 metres from the nearest hotel/restaurant
650 metres from MacDonald Park
250 metres from DJs Caf and Provedore
Proximity to Health Facilities (approx.)
2.2 kms from the nearest public and private hospitals
2 x 3 bedroom, 1 bathroom single-storey units, returning $270 per week each
2 x 2 bedroom, 1 bathroom single-storey units, returning $230 per week each
Built-in robes in all bedrooms
Each unit has its own off-street under-cover parking space
Each unit has its own laundry and clothesline
Units are strata titled
The property is on an approx. 1,347 sqm level block and has easily maintained grounds
Investment and Development Potential
The units are fully tenanted and are currently achieving $52,000 per annum in rent
This represents a gross return on investment of 6.51% on the listed price
Two of four units have scope to update the units and increase their return
The two x three bedroom units have been tastefully updated
Proximity to Education Facilities (approx.)
750 metres from OConnor Catholic College
700 metres from The Armidale School
2.8 kms from Armidale High School
1.3 kms from Newling Public School
1.6 kms from Armidale City Public School
1.2 kms from St. Marys Catholic Primary School
5.5 kms from the University of New England
290 metres from Littlebear Childcare facility
Proximity to Shopping Facilities (approx.)
400 metres from the nearest corner store
850 Metres from Aldi Supermarket
650 metres from the Armidale Food Emporium (Coles Supermarket Complex)
500 from the Armidale CBD (a level walk into town)
Proximity to Dining and Entertainment (approx.)
350 metres from the nearest hotel/restaurant
650 metres from MacDonald Park
250 metres from DJs Caf and Provedore
Proximity to Health Facilities (approx.)
2.2 kms from the nearest public and private hospitals
Inspections
No open inspections scheduled.
Send an enquiry
Contact Brad Dunham to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
10
Bathrooms:
4
Carport spaces:
4
Property type:
Other
Block Size:
1351 m²*
Other Details
Lot:
CP
Plan Type:
SP
Plan:
21011
Legal description:
CP/SP21011
Maps and area information
Block information
Block size: 1351m² (approx)
Legal description: CP/SP21011
Measurements are estimates only and based on data provided under licence from
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Property history
We couldn't find any history for this property.
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Armidale suburb information
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SummaryMedian sales
Average Age
37 years
Population
23,967
Listing ID: 174095699. This listing has been viewed 202 times. It was first displayed on 18/07/2017 and last updated on 29/11/2017.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.