70 Niagara Street, Armidale, NSW 2350
- 5
- 2
- 2
Sold
Sold Prior To Auction for $540,000 on Jan 10, 2024
Your Perfect Investment Opportunity Awaits!
Discover the potential of this impressive property situated within close proximity to Girraween Shopping Centre, UNE (University of New England), primary schools, and convenient public transportation, 70 Niagara Street offers not just one, but two separate units, making it an exceptional investment opportunity.
This property provides versatility and endless possibilities. Whether you're looking for a multi-generational living arrangement, seeking to live in one unit and rent out the other for extra income, or desiring a property with separate spaces for work and living, this setup offers flexibility to suit your needs.
With the property split into two units, the current rental return is $730 per week. Armidale's strong demand for housing, particularly near UNE, ensures a steady stream of tenants seeking comfortable accommodations. Benefit from the property's strategic location and seize this investment opportunity.
The property includes outdoor areas that allow for relaxation, recreation, or even the possibility of creating an outdoor entertaining space. Take advantage of the generous backyard, providing a retreat for outdoor activities and leisure.
Key Features:
* Ample parking
* Lucrative investment with a rental return of $730 per week
* Ample outdoor areas for relaxation and recreation
* Extra studio/office space with separate entrance
Inspect & Explore with Nellie Hayes 0458 326 464
Nellie Hayes
Director/Sales
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L22514116
- Property Type:House
- Building / Floor Area:81 sqm
- Carports:2
- Land Area:1329 sqm
Need help with your finance?
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
Craig Betalli
Mortgage Broker
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R&H Suburb Profile: Armidale
R&H Suburb Summary | Houses |
---|---|
Number of sales | 475 |
Average Price | $555,770 |
Median Price | $500,000 |
Median Rental Price | $450 p.w. |
Change in Rental Rate (5yr) | 30 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 81 |
Average Price | $352,095 |
Median Price | $320,000 |
Median Rental Price | $325 p.w. |
Change in Rental Rate (5yr) | 30 % |
Median Trend - $500,000
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