Lot 61/6 Seabrook Place, Armidale NSW

Northern Tablelands, NSW, 2350

$ 721,000

Northern Tablelands, NSW, 2350
Lot 61/6 Seabrook Place, Armidale NSW-0
Lot 61/6 Seabrook Place, Armidale NSW-1

Property Images

Lot 61/6 Seabrook Place, Armidale NSW-0 Lot 61/6 Seabrook Place, Armidale NSW-1

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 Lot 61/6 Seabrook Place, Armidale NSW
City Northern Tablelands
State NSW
Postcode 2350
Suburb N/A

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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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