$1,300,000 Price Guide

60 Claude Street, Armidale is a registered boarding house located in the thriving university town of Armidale showing excellent returns of over $15,000 per month!

The property is located close to the University of New England & offers a 22 Room boarding house with multiple living areas and all facilities included. The property has previously been leased to large organisations requiring multiroom accommodation for short term workers, however it is now being well utilized as a boarding house primarily for university students. This would be appealing to any astute investor looking for an amazing cashflow property. Rooms are currently being let under the Boarding House Act with strong interest and occupancy rates. Positioned opposite the University of New England the location could not be more convenient making this accommodation suit the modern day student.
This is an amazing opportunity to secure a well-run registered boarding house opposite the University of New England. For further details or to view the income & expenditure reports and detailed property brochure call Jeremy Creagan on 0401 508 801 or email [email protected] *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*