New to market is 17 Queen Elizabeth Drive, comprising 3 x 2 bedroom brick apartments on a single title with 3 under cover car-parks sitting on a large level 789m2 block. There is scope to capitally improve, and thereby improve the rental income. 5.2% gross return at the current asking price with three stable stable tenancies in lease. A rare find in a location close to the university of New England and many handy amenities, including transport services and bus stop just outside across the road. Contact First National Armidale to arrange your inspection today! Features: * Brick 3 x 2 bedroom apartments, single freehold title * Level and central block * Electric kitchens and hot water * Approx 800m to UNE college campus * Harvey Norman Shopping Centre, service station, cafe, restaurants and laundromat adjacent proximity * Wholechild Childcare centre across the road * Unit 1 in lease til 16th May 2024 pays $240 p/w * Unit 2 in lease til 20th Oct 2024 pays $230 p/w * Unit 3 in lease til 19th Jan 2025 pays $240 p/w