ARMIDALE DUAL - A REAL LITTLE CHEAPIE GEM - BUY FOR INCOME RETURN!

Location is minutes to Armidale CBD, University of New England, and the Armidale Hospital
Armidale is a city in the Northern tablelands of NSW. It is known for its tree lined streets, heritage buildings and diverse culture. Spectacular landscape and numerous heritage National Parks make it a great place to explore. The vineyards and wineries provide excellent cool climate wines. This plus a diverse food culture make this a food lovers paradise.
Armidale is one of the strongest economies in Regional NSW – with Research and Education, top agricultural and horticultural produce, and its sophisicated urban hub it is a most attractive city. The Uni of New England offers many diversified courses attracting many young professionals to the area. This coupled with a large General Hospital plus the ancillary health care associated with this, this area has a high demand for housing and rental accommodation.

DUAL OCCUPANCY –
Main dwelling: 3 bed + 1 bath + 1 carport
Secondary Dwelling: 3 bed + 1bath – 0 Carport
Land size: 500m2 Land price: $230,000
Dwelling total size: 131.22m2 Build cost: $459,000
TOTAL PACKAGE PRICE: $689,000
Rental estimate: $930 total per week

TO PURCHASE:
EOI with initial holding deposit to be paid of $1000
Subject to Finance: 21 days from date of land contract
Land settlement: 14 days from issue of title or 14 days after finance approval
Build timeframe- 8-9 months estimate
Progressive staged construction loan is required

This property is subject to being available at time of your enquiry.

FOR SALE: $689,000 Kaye Tilley 0418 823 046

$689,000
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Property Features
  • Dual Income
  • 6 bed
  • 2 bath
  • 1 Parking Spaces
  • Land is 500 m²
  • Floor Area is 131.22 m²
  • 2 Toilet
  • Garage
  • Dishwasher
  • Built In Robes
  • Broadband
  • Fully Fenced
Real Estate Agent's
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John Tilley
0417 041 424
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Kaye Tilley
0418 823 046
Contact me