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Real Estate Australia
1-4/3 Wigan Avenue, Armidale
$1,000,000 - $1,100,000 Price Guide
Click here to see the floorplans
Property Location: 1-4/3 Wigan Avenue ARMIDALE - NSW Listing Id: 21699037
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Details
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Bedrooms: 8
Bathrooms: 4
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Land |
Size: 1106 Square Mtr Approx
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Description: RARE INVESTMENT OPPORTUNITY - RENOVATED FOUR-UNIT QUADPLEX
Four strata units. Eight bedrooms. Four bathrooms. Four carports. Exceptional investment potential with 7% + potential return!
An outstanding opportunity to secure a substantial multi-residential investment in Armidale.
This impressive quadplex comprises four separate strata units, Three of the four units have already been renovated, with renovations underway on the fourth, providing an opportunity to add further value.
Features of the property:-
- Four self-contained residential units comprising of 2 bedrooms, 1 bathroom and 1 carport allocation each.
- 3 units with renovated kitchen and bathrooms, 4th being renovated currently
- Individual courtyards and large common area for outdoor recreation
- Potential rental return of 7%+ (subject to final rental income and purchase price), multiple income streams from one investment.
- 1106sqm block
- Convenient location to UNE, Hospital and Industrial district
With three units already renovated and the fourth nearing completion, this is an exciting opportunity for investors looking to secure a multi-income-producing asset with further upside.
The combination of four separate residences, generous accommodation and off-street parking makes this a compelling addition to any investment portfolio.
Whether you're looking to expand your property portfolio, increase your rental income or secure a multi-residential asset with future potential, this Armidale quadplex deserves your attention.
For further information and inspections contact Tim Randell on 0401 178 786.
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1-4/3 Wigan Avenue, Armidale
$1,000,000 - $1,100,000 Price Guide
Contact Armidale Town & Country Real Estate Today!!! Contact Tim Randell
Phone 0401 178 786
Property ID:21699037
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