75 Douglas Street

Armidale NSW 2350

Situated on a manageable 674m2 approx. block in a central part of Armidale is this great opportunity to secure a dual income producing property. Consisting of a renovated 3 bedroom home, plus an as new 1 bedroom granny flat, both with their own separated yards. Some of the features of the property include:# 3 Bed home.- 3 generous sized bedrooms.- Restored timber floors throughout.- Updated kitchen and bathroom.- Low maintenance yard.- Freshly painted through.- Current tenant paying $390 per week on a new lease.# 1 Bed flat.- Newly built solar passive 1 bedroom flat.- Double glazed windows with a skillion roof.- Modern combined kitchen/lounge room, which opens up to an ample sized deck.- 1 bedroom with great storage.- Modern bathroom with combined concealed laundry.- Single lock up garage and separate carport.- Easy to manage yard space which is fully fenced.- Current tenant paying $300 per week- Current gross rent of $690 per week, to give a strong gross yield.This dual income potential property is rare in this Central location to the CBD. Opportunity to purchase a set and forget cash flow opportunity for a savvy investor, this property offers several different options.For more information, please feel free to contact Michael Singleton on 0434714788.*All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*