High Returns & Further Opportunity to Develop Land Sold!

1 / 2-358 Amatex Street, Albury
$335,000
Semi-detached
  • Bedrooms 7
  • Bathrooms 2
  • Car Spaces 2
  • Land Size 740 Square metres

Description

• Solid red brick duplex on a single Torrens Title with Development Consent to further develop land at rear with a 3 bedroom townhouse (plans available). Land area totals 840 sqm.
• Unit 1 current rental return of $250 pw & Unit 2 current rental return of $225 pw – a gross total return of $24,700 pa (representing a return of over 7%).
• Unit 1 features: top floor, 4 bedroom - 3 with BIR's, 3 living areas, new carpet & paint, good size kitchen.
• Unit 2 features: lower floor, recently refurbished 2 bedrooms plus study, 2 living areas, reverse cycle heating and cooling, full bathroom, separate laundry plus storage room at rear.
• An Ideal investment. Live in one & rent the other OR rent both & have 2 incomes while developing the rear OR have a teenage retreat / in-law residence.

An opportunity not to be missed, this versatile and flexible property is in a quiet dead end court location easily accessible to the CBD over the footbridge. This one the three big factors - LOCATION, VERSATILITY & POTENTIAL

Show More

Heating & Cooling

  • Reverse Cycle Air Conditioning

Indoor Features

  • Built-in Wardrobes
  • Floorboards
  • Study

Location

Similar Properties

For Sale
$375,000

It Is All About Position

3 / 1043 Corella Street, North Albury Details
  • 2 bedrooms
  • 1 bathroom
  • 1 car space