Lot 206/22 Melba Place, Armidale NSW
Armidale, NSW, 2350$ 755,000
Overview
Property ID: LA-13485
- Dual Occupancy
- Property Type
- 3+3
- Bedrooms
- 1+1
- Bathrooms
- 1
- Cars
- 137
Details
Updated on May 08, 2025 at 04:16 pm
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 755,000 |
| Land Price: | $ 270,000 |
| Build Price: | $ 485,000 |
| Gross Per Week: | $ 930 |
| Gross Per Annum: | $ 48,360 |
| Gross Yield: | 6.41% |
| Capital Growth 12 Months: | -1.22% |
| Capital Growth 10 Year Annualised: | 3.56% |
| Vacancy Rate: | 2.00% |
| Property Size: | 137 m2 |
| Land Area: | 807 m2 |
|---|---|
| Bedrooms: | 3+3 |
| Bathrooms: | 1+1 |
| Parking: | 1 |
| Title Status: | Titled |
| Property ID: | 13485 |
| SKU: | 1005 |
Description
This Dual Occupancy property in Armidale, NSW, features 3+3 bedrooms and 1+1 bathrooms, a single carport, and is set on a generous 807.17 sqm block. It offers strong rental returns and is part of a residential estate in a regional growth area.
Suburb profile:
Armidale is a regional city in the Northern Tablelands of New South Wales, known for its academic institutions, heritage buildings, and natural beauty. With a blend of city conveniences and country charm, Armidale is home to the University of New England and features excellent schools, healthcare facilities, and transport links. The area offers a stable rental market and ongoing infrastructure investment, making it attractive for property investors.
- Full Turn-Key Package
- High Quality Inclusions
- Contemporary Colour scheme
- Open-plan living
- 6 year Structure Guarantee
This Dual Occupancy property offers a quality 3-bedroom home on a large block in a regional growth corridor, presenting a solid rental yield and long-term investment potential.
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
Open on Google Maps
Address
Lot 206/22 Melba Place, Armidale NSW
City
Armidale
State
NSW
Postcode
2350
Suburb
N/A
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
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.
