This spectacular 20-acre (8 ha) property offers the astute purchaser not only a wonderful residence with arguably the best views over Armidale, but also an opportunity for significant capital gain through a future subdivision. The current zoning allows for subdivision down to 1-acre blocks. Importantly, the property is located adjacent to an established estate, offering close proximity to existing services.

The architect-designed, passive solar home was built circa 1975, but because of its leading edge design and execution, it has many features normally associated with more recently constructed dwellings. The use of vaulted ceilings, extensive wood panelling, panoramic windows and beautiful cork flooring all combine to produce a tasteful retro and Scandinavian look.

This intelligently designed home provides an array of contemporary features. A wonderful living and dining space with open fire is at the centre of the house and offers glorious views over Armidale. The adjacent kitchen is aesthetically minimalist but highly functional, with slow combustion wood heater. The breakfast bar is a fantastic place to savour that morning cup of coffee whilst enjoying views over the courtyard. The adjacent and cosy sun room catches glorious northern sun all day. This room also contains 2 desks built in to cupboards that would make an excellent play or study area.

There are 4 bedrooms all with built-in wardrobes. The master is located at the western end of the home with an en-suite bathroom whilst the remaining 3 bedrooms are all at the eastern end, serviced by a main bathroom and separate toilet. A rosewood panelled study is located in this area and could be converted into a 5th bedroom if required.

The home is connected to town water. The extensive gardens have been well laid out and include substantial landscaping. There is an abundance of native plants, shrubs and trees along with flowers and ground covers and an established vegetable garden. The garaging includes space for 2 cars, a storeroom, workshop and a 2-bay carport. There are also other out-buildings, including wood and garden sheds.

The subdivision opportunity provides tremendous scope for capital growth. Given the topography of the site, there is a relatively simple option to develop 6 or more blocks at the end of Fittler Close. These 1-acre lots would be likely to find a market in the vicinity of $225,000 when completed. A further 2 blocks could be subdivided on the northern side of the property as well. This would result in the original home being left on a superb 10 acre plus site.

This must be one of the most unique properties to hit the Armidale market for quite some time. A delightful home, glorious views, 3 kilometres to the centre of town with the bonus of a 10 or more lot subdivision (STCA). Invest and enjoy indeed.