Lot 122 15 Campbell Parade, Armidale NSW

Armidale, Northern Tablelands, NSW, 2350

$ 842,000

Armidale, Northern Tablelands, NSW, 2350
Lot 122 15 Campbell Parade, Armidale NSW-0
Lot 122 15 Campbell Parade, Armidale NSW-1
Lot 122 15 Campbell Parade, Armidale NSW-2
Lot 122 15 Campbell Parade, Armidale NSW-3

Property Images

Lot 122 15 Campbell Parade, Armidale NSW-0 Lot 122 15 Campbell Parade, Armidale NSW-1 Lot 122 15 Campbell Parade, Armidale NSW-2 Lot 122 15 Campbell Parade, Armidale NSW-3

Overview

Property ID: LA-17074

  • Dual Occupancy
  • Property Type
  • 3+3
  • Bedrooms
  • 1+1
  • Bathrooms
  • 1
  • Cars
  • 131

Details

Updated on Aug 21, 2025 at 01:33 pm

Property Type: Dual Occupancy
Secondary Type: N/A
Price: $ 842,000
Land Price: $ 270,000
Build Price: $ 572,000
Gross Per Week: $ 930
Gross Per Annum: $ 48,360
Gross Yield: 5.74%
Capital Growth 12 Months: -1.22%
Capital Growth 10 Year Annualised: 3.56%
Vacancy Rate: 2.00%
Property Size: 131 m2
Land Area: 1498 m2
Bedrooms: 3+3
Bathrooms: 1+1
Parking: 1
Title Status: Titled
Property ID: 17074
SKU: 1005

Description

This Dual Occupancy property offers a spacious 1,498.88 sqm block in a regional area of Armidale, NSW, paired with a Belmont 131 house design. The home includes 3 bedrooms and 3 bathrooms, along with a carport. The combined house and land package is priced at $842,000, with an expected weekly rent of $930, offering an attractive return for investors.

Suburb profile:

Armidale is a thriving regional city in the Northern Tablelands of New South Wales. Known for its educational institutions including the University of New England, Armidale offers a mix of urban convenience and rural charm. The area supports a strong rental market and consistent population growth, making it a popular choice for property investors.

  • Full Turn-Key Package
  • High Quality Inclusions
  • Contemporary Colour scheme
  • Open-plan living
  • 6 year Structure Guarantee

This is a high-yield Dual Occupancy investment property in Armidale, offering a 3-bedroom, 3-bathroom home with a carport. Its strong rental return makes it an appealing option for investors.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 122 15 Campbell Parade, Armidale NSW
City Northern Tablelands
State NSW
Postcode 2350
Suburb Armidale

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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