Lot 61/6 Seabrook Place, Armidale NSW
Northern Tablelands, NSW, 2350$ 721,000
Overview
Property ID: LA-7869
- House and Land
- Property Type
- 3+3
- Bedrooms
- 2+2
- Bathrooms
- 1
- Cars
- 148
Details
Updated on Oct 23, 2024 at 07:10 pm
Property Type: | House and Land |
---|---|
Price: | $ 721,000 |
Land Price: | $ 229,000 |
Build Price: | $ 492,000 |
Gross Per Week: | $ 950 |
Gross Per Annum: | $ 49,400 |
Gross Yield: | 6.85% |
Capital Growth 12 Months: | -3.40% |
Capital Growth 10 Year Annualised: | 3.56% |
Vacancy Rate: | 2.24% |
Property Size: | 148 m2 |
Land Area: | 500 m2 |
---|---|
Bedrooms: | 3+3 |
Bathrooms: | 2+2 |
Parking: | 1 |
Title Status: | Titled |
Property ID: | 7869 |
SKU: | 1005 |
Description
This property, located at Lot 61 Seabrook Place, Armidale, is a modern full-turnkey package offering a spacious 148 m² house on a 500 m² block. With high-quality inclusions and a structural guarantee of 6 years, it is designed for open-plan living, making it a sound investment opportunity in the New England region of NSW. Expected to generate rental returns of $950 per week, this property offers strong investment potential with an impressive 6.85% gross yield.
Suburb profile:
Armidale, located in the New England region of New South Wales, is known for its educational institutions and as a regional hub offering modern amenities, cultural attractions, and a mild climate. It has a stable rental market with potential for capital growth, making it an attractive option for investors.
High-quality inclusions
Contemporary color scheme
6-year structural guarantee
Full-turnkey package
Open-plan living
This investment property offers a modern, high-quality living space with strong rental returns in the Armidale region. It is a solid opportunity for investors seeking stable and high yields.
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
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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.