189 Brown Street Armidale, NSW 2350

Sold $350,000

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Property Description

Prime Location, Income and Potential!

The holy grail of real estate is location, income and potential, and it’s all waiting for you with this enticing property opportunity. Perched in popular Brown St, this duplex with two spacious units currently returns $575 per week, offering you an exceptional yield of over 7%. That’s immediate income in your pocket, with the bonus of increased earning power possible too!

Want to further capitalise on this supersized 2,024m2 block? The potential to explore your development options is strong too (STCA), with this being a popular location, so close to the CBD.

Duplex one comprises of three bedrooms, one bedroom is being used as an additional living area and includes an open fireplace, one bathroom offering, open plan living and dining area, a veranda, and a galley style kitchen. The Second duplex comprises three bedrooms (with built-in robes), a bathroom, kitchen, meals, a large living area, and a sunny pergola.

Centrally placed within walking distance of Coles Supermarket, cafes, Armidale Hospital and parks, we invite you to do your sums on this property and see for yourself the value it brings. Arrange your inspection today.

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