Lot 36/3 Sunrise Crescent, Armidale NSW
New England region, NSW, 2350$ 673,000
Overview
Property ID: LA-11063
- Dual Occupancy
- Property Type
- 3+3
- Bedrooms
- 1+1
- Bathrooms
- 1
- Cars
- 131
Details
Updated on Feb 21, 2025 at 05:09 pm
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 673,000 |
| Land Price: | $ 230,000 |
| Build Price: | $ 443,000 |
| Gross Per Week: | $ 930 |
| Gross Per Annum: | $ 48,360 |
| Gross Yield: | 7.19% |
| Capital Growth 12 Months: | -1.22% |
| Capital Growth 10 Year Annualised: | 3.56% |
| Vacancy Rate: | 2.00% |
| Property Size: | 131 m2 |
| Land Area: | 500 m2 |
|---|---|
| Bedrooms: | 3+3 |
| Bathrooms: | 1+1 |
| Parking: | 1 |
| Title Status: | Titled |
| Property ID: | 11063 |
| SKU: | 1005 |
Description
Dual Occupancy Properties Investors looking for strong rental yields and long-term capital growth should consider this dual occupancy investment.
Suburb profile:
Armidale, NSW, is a regional city known for its educational institutions, including the University of New England. It offers a blend of urban and country living with strong infrastructure, parks, and cultural attractions. The suburb is appealing for families, students, and professionals seeking affordable housing with excellent amenities.
- Full Turn-Key Package
- High Quality Inclusions
- Contemporary Colour scheme
- Open-plan living
- 6 year Structure Guarantee
This dual occupancy property in Armidale presents a solid investment opportunity with strong rental potential in a growing regional city. Its location offers access to quality education, lifestyle amenities, and long-term value 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
Open on Google Maps
Address
Lot 36/3 Sunrise Crescent, Armidale NSW
City
New England region
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.
