2 / 337 ARMIDALE ROAD, Tamworth
SET AND FORGET INVESTMENT
Tamworth Quest Apartments - Unit 2
Large two bedroom, two bathroom apartment providing an open kitchen / dining / family room.
This "set and forget" investment offers a substantial lease - to 30/9/2022 plus six by five year options to 30/9/2052.
Current rent $ 18,498.12 pa. with 4% increases each year to 30/9/2022
Tamworth Regional Council Rates 2017/18 - $ 1,730.36
Strata levies $ 1,140.24 pa.
New air conditioners - October 2017 and January 2016
New carpet - June 2017
New kitchen tiling - July 2017
New painting - February 2016
Bathrooms due 2018 - already quoted
This apartment is a solid investment, in a region that attracts residents, working folk, investors and numerous visitors for the annual Country Music Festival, the many horse events and the mutitude of sport events throughout the year.
A "set and forget" investment that should be well sought in todays' keen investor market place.
Call Tamworth Real Estate today.