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For sale
Block_of_units • 5mo
Contact Agent
1 7/190 - 192 Donnelly Street, Armidale, NSW, 2350, Australia
18
11
7
3347 m²
Nearest stations
Armidale
1.5KM (18 mins)
Property Features
- Ensuite
About this Property
190 Donnelly Street presents a prime turnkey investment opportunity for investors seeking consistent returns and potential for further growth. This seven-unit strata-titled complex boasts a gross return of approximately $122,720 per annum, with ample room for increased yield and capital appreciation through strategic enhancements and potential development.
The property features a mix of three-bedroom, double-bathroom units and two-bedroom units, each offering modern amenities such as secure parking, private veranda's, internal laundry facilities, and high-speed NBN fibre connectivity. Constructed with durability in mind, the complex is built of double brick and tile, ensuring minimal maintenance and long-term reliability.
Several units have undergone renovations, including updated kitchens, bathrooms, flooring, and paint, reflecting a commitment to quality and modernisation. With a history of low vacancy rates, some long term tenants (in excess of 25 years) , the well-maintained dwellings demonstrate the appeal of the property to tenants, supported by engaged and invested current owners.
Strategically located midway between Armidale's town centre and the University of New England, 190 Donnelly Street offers convenience and accessibility, catering to both local residents and students. Whether you're an experienced investor seeking a stable income stream or looking to capitalise on the growth potential of Armidale's market, this property is an opportunity worth considering.
Contact Cayne Moar on 0431 435 958 for further information or to book your inspection today.
*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*
The property features a mix of three-bedroom, double-bathroom units and two-bedroom units, each offering modern amenities such as secure parking, private veranda's, internal laundry facilities, and high-speed NBN fibre connectivity. Constructed with durability in mind, the complex is built of double brick and tile, ensuring minimal maintenance and long-term reliability.
Several units have undergone renovations, including updated kitchens, bathrooms, flooring, and paint, reflecting a commitment to quality and modernisation. With a history of low vacancy rates, some long term tenants (in excess of 25 years) , the well-maintained dwellings demonstrate the appeal of the property to tenants, supported by engaged and invested current owners.
Strategically located midway between Armidale's town centre and the University of New England, 190 Donnelly Street offers convenience and accessibility, catering to both local residents and students. Whether you're an experienced investor seeking a stable income stream or looking to capitalise on the growth potential of Armidale's market, this property is an opportunity worth considering.
Contact Cayne Moar on 0431 435 958 for further information or to book your inspection today.
*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*
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Cayne Moar
Ray White Rural Guyra/Armidale
+ 61 0431435958
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More Details on 1 7/190 - 192 Donnelly Street, Armidale NSW
How many bedrooms and bathrooms does 1 7/190 - 192 Donnelly Street, Armidale have?
1 7/190 - 192 Donnelly Street, Armidale is a 18 bedroom, 11 bathroom block_of_units.
Who is the agency that listed 1 7/190 - 192 Donnelly Street, Armidale?
The agency who listed 1 7/190 - 192 Donnelly Street, Armidale is Ray White Rural Guyra/Armidale - you can contact the agents here.
How many car spots does 1 7/190 - 192 Donnelly Street, Armidale have?
1 7/190 - 192 Donnelly Street, Armidale is a 7 car spot home.
How much is 1 7/190 - 192 Donnelly Street, Armidale?
The price of 1 7/190 - 192 Donnelly Street, Armidale is Contact Agent - contact the agents to find out more.