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Overview
Property ID: LA-9117
- House and Land
- Property Type
- 2+2
- Bedrooms
- 1+1
- Bathrooms
- 1+1
- Cars
- 180
Details
Updated on Nov 28, 2024 at 04:32 pm
| Property Type: | House and Land |
|---|---|
| Price: | $ 887,430 |
| Land Price: | $ 230,000 |
| Build Price: | $ 657,430 |
| Gross Per Week: | $ 1,100 |
| Gross Per Annum: | $ 57,200 |
| Gross Yield: | 6.45% |
| Capital Growth 12 Months: | -1.22% |
| Capital Growth 10 Year Annualised: | 3.56% |
| Vacancy Rate: | 2.00% |
| Property Size: | 180 m2 |
| Land Area: | 1363 m2 |
|---|---|
| Bedrooms: | 2+2 |
| Bathrooms: | 1+1 |
| Parking: | 1+1 |
| Title Status: | Registering within few weeks |
| Property ID: | 9117 |
| SKU: | 1005 |
Description
A contemporary duplex with open-plan living, high-quality inclusions, and a modern design offering comfort and convenience. It includes features tailored to investment success, such as separate utilities for dual occupancy.
Suburb Profile:
Armidale, located in the New England Region of New South Wales, is known for its educational institutions, cultural landmarks, and natural beauty. It offers a mix of suburban and semi-rural living, attracting both families and investors due to its growth potential.
High-quality inclusions
Contemporary color scheme
6-year structural guarantee
Full-turnkey package
Open-plan living
This property is a thoughtfully designed duplex with a modern layout, quality finishes, and inclusions suited to both investors and homeowners.
Duplex Properties offers a unique investment avenue that combines aesthetic appeal with functional design, in most cases presenting two mirror-image living under one roofline.
This arrangement not only maximizes land use but also provides investors with the opportunity to generate substantial rental income from two separate tenancies.
The mirrored layout ensures equality in living conditions, making each unit an attractive option for prospective tenants.
Duplexes are particularly appealing for their ability to offer substantial living spaces, representing standalone homes, which can significantly enhance the property's market value and attract a wide range of tenants.
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 810 Honeysuckle Drive, Armidale NSW
City
Tamworth 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.
