Lot 211 8 Melba Place, Armidale NSW

Armidale, Armidale, NSW, 2350

$ 792,000

Armidale, Armidale, NSW, 2350
Lot 211 8 Melba Place, Armidale NSW-0
Lot 211 8 Melba Place, Armidale NSW-1
Lot 211 8 Melba Place, Armidale NSW-2
Lot 211 8 Melba Place, Armidale NSW-3
Lot 211 8 Melba Place, Armidale NSW-4

Property Images

Lot 211 8 Melba Place, Armidale NSW-0 Lot 211 8 Melba Place, Armidale NSW-1 Lot 211 8 Melba Place, Armidale NSW-2 Lot 211 8 Melba Place, Armidale NSW-3 Lot 211 8 Melba Place, Armidale NSW-4

Overview

Property ID: LA-16403

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

Details

Updated on Aug 15, 2025 at 09:41 am

Property Type: Dual Occupancy
Price: $ 792,000
Land Price: $ 270,000
Build Price: $ 522,000
Gross Per Week: $ 930
Gross Per Annum: $ 48,360
Gross Yield: 6.11%
Capital Growth 12 Months: -1.22%
Capital Growth 10 Year Annualised: 3.56%
Vacancy Rate: 2.00%
Property Size: 131 m2
Land Area: 824 m2
Bedrooms: 3+3
Bathrooms: 1+1
Parking: 1
Title Status: Titled
Property ID: 16403
SKU: 1005

Description

This dual occupancy property in Armidale NSW offers an exceptional opportunity for investors seeking dual rental income on a single title. Featuring a well-balanced 3/3 bedroom and 1/1 bathroom configuration with carport parking, this full turn-key package provides flexibility for tenants and maximises rental return. Set on a generous 824sqm block with a 131sqm build area, the property combines modern design with high functionality.

Suburb profile:

Armidale is a vibrant regional city in New South Wales, known for its education, heritage architecture, and natural beauty. Located halfway between Sydney and Brisbane, it’s home to the University of New England, which contributes to a stable rental demand. The city offers a mix of urban convenience and a relaxed country lifestyle. Its growing infrastructure, cultural attractions, and accessible transport make it a compelling location for investors.


Inclusions:

  • Full Turn-Key Package
  • Open-Plan Living
  • High Quality Inclusions
  • 6 Year Structure Guarantee
  • Contemporary Colour Scheme

This dual occupancy property presents a smart investment choice for those looking to increase rental yields while securing a foothold in the growing Armidale region.

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 211 8 Melba Place, Armidale NSW
City Armidale
State NSW
Postcode 2350
Suburb Armidale

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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.

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