On offer are two adjoining lots of approximately 10,000m2 – Lot 88/ 80-92 Queen Elizabeth Drive, & 46 Martin Street, Armidale NSW. The site is Located between the University of New England and Armidale CBD making this the perfect location. There are three concrete slabs serviced and ready to build on with a DA approval for 12 – 2 bed units on lot 88 plus 8,354m2 on Martin Street left to further develop. Martin St has a DA on place for 9 Lots with sizes up to 1200sq m. The vendor has produced new plan drawn with 10 lots of 500sqm plus a carpark lot for the units on Lot 88. That plan maintains the approved road and eliminates any age restrictions on the unit site. The rental appraisal for the proposed units in today’s market is $280 – $310 per week. It is a very sought after location with convenience to the University of New England only approximately 350metres away. Both sites have DA and Construction approval in place. Council has advised “As the developer has commenced detailed subdivision designs associated with the consent conditions, it is deemed that physical commencement has occurred. Council is satisfied that the consent has been duly acted upon and as such the DA will not lapse as investigated by the vendor. There are many options for the new owners to maximise this site in this growing University town.
Please note: Sale price is subject to GST.
For further details on this Development or to arrange a private viewing contact Jeremy Creagan on 0401 508 801.

*All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*