FULLY SERVICED APARTMENTS IN MAIN STREET APPROX $230,000 pa

377 Conadilly Street, Gunnedah, 2380

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1,560,000 AUDEst. Mortgage: AUD 10,962/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 1,900 sqft
  • Bedrooms 12
  • Bathrooms 6
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 3

Property Overview

Currently set up as Gunnedah Serviced Apartments, but selling the freehold only (with furniture and equipment), this exceptional main street property consists of:
6 x 2 bedroom self contained apartments with fully equipped kitchen currently operating on long term stays:
- the front 3 units being the original 3 x 2 brick veneer units renovated 2019 (rated 3.5 stars) currently returning $680 per week or $170 per night
- the back 3 being built circa 2010 and standalone units each with own carport and outdoor entertaining area. (rated 4 stars) currently returning $770 per week.
Total return $4350 per week includes WIFI and power

Only 800m to Gunnedah Post Office, the location of these units is exceptional and in high demand for both executive corporate travelers and families. There is also a high demand for non furnished units to rent or to purchase.

The units can continue to run on a serviced basis or a long term tenancy situation as is or consult with the agent about taking over the business of Gunnedah Services Apartments. Option to purchase 3 additional units at 115 Little Barber Street.

Location on Google Map

377 Conadilly Street, Gunnedah, 2380

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