Located 110km northeast of Tamworth and 190km inland from Co3s Harbour, this regional city has become a significant education and administrative centre. Council’s Visit Armidale website describes the city as the main hub of the New England High Country. There are four national parks within an hour’s drive from the city centre. The city also features a range of historic buildings plus modern cafes, restaurants and boutique stores. Armidale is well-known for its art and music hubs including the New England Conservatorium, New England Regional Art Museum, the Armidale Art Gallery, and the Michael Hoskins Creative Arts Centre. The city is also home to the University of New England (UNE). There is the Armidale Golf Club’s 18-hole championship course; the Welder’s Dog craft beer bar; and the Great Hops Brewery Co. A popular annual event is the Autumn Festival which features a street parade, plus entertainment and music.
VERY STRONG MARKETPLACE WITH HIGH DEMAND FOR HOUSING Current vacancy factor 1.4%
DUAL OCCUPANCY – House and Land package – off the plan not yet constructed
Main dwelling: 3 bed + 1 bath + 1 carport
Secondary Dwelling: 3bed + 1 bath – no car
Land size: 690m2 Land cost: $220,000
Dwelling total size: 131.22m2 The Azalea 131 – Build cost $440,000
TOTAL PACKAGE PRICE: $666,000
Rental estimate: $930 total per week
TO PURCHASE:
EOI with initial holding deposit to be paid of $1000
Subject to Finance: 21 days from date of land contract
Build timeframe- 6 months estimate
House and Land – two contract purchase
Loan needs to be a construction loan with staged funding drawdowns
This property is subject to being available at time of your enquiry.
FOR SALE: $666,000
KAYE TILLEY
0418 823 046