74 Canambe Street, Armidale, NSW 2350

Open Home 22 Sept 11 - 2 pm House and Granny Flat on Double block

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Description

Phone enquiry ID: 64413

Older style 3 bedroom family home on double block with 1 bedroom granny flat attached, and multiple options available for how it can used as a family home or as an investment opportunity. A double doorway separates the house and flat (currently concealed from both sides ) which can be opened to make the flat part of the main house, or accessible for extended family living or can be kept completely separate. At present the separate flat is rented for $190pw. The DA ( to subdivide the property into two blocks,block size is 1629 m2, allowing a block to be sold leaving the house and flat on the remaining block) has expired, but could be reapplied for easily as the original DA confirmed the block can be subdivided into 2 residential blocks. The main house was originally purchased in 1987 as a family home, with the granny flat added in 1998 for a grand parent. More recently both house and flat have been rented, and are currently generating a weekly income $315 + $190 = $505/week. The main house has a recently renovated kitchen. Please ring or email for more information or to arrange to see the property.

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