3/15 Queen Elizabeth Drive
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About this property
Low-Maintenance Unit with Long-Term Tenant - Strong Investment Opportunity Set away from the road in a well-kept complex of just three, this tidy two-bedroom unit presents an outstanding set-and-forget investment in a convenient Armidale location. Built in 1980 and positioned on a generous 969 sql block (complex size), the property offers practical, low-maintenance living with reliable rental income already in place. Inside, the unit features two comfortable bedrooms, a functional bathroom, and a lockable single garage. The layout is straightforward and easy to maintain, making it ideal for investors or future owner-occupiers seeking a manageable property in a proven location. A long-term tenant is currently in place and would very much like to remain, providing immediate continuity and income. The property is presently returning $305 per week, making it a smart addition to any portfolio. Features include: 2 good-sized bedrooms 1 bathroom Lockable single garage Set back from the road for added privacy Well-kept complex of only 3 units Long-term tenant in place wishing to stay Currently rented at $305 per week, Strata approx. $1,100 per quarter Low-maintenance, easy-care investment For further details or to arrange an inspection, contact Paul Schmude - 0417 653 754. Disclaimer: All information contained here is gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy and interested parties should rely on their own enquiries.
Property Details
- Property Type
- apartment
- Listing Type
- Sold
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Armidale
This 2-bedroom apartment in Armidale, NSW 2350 sits within reach of public transport, local shops and nearby schools. It is listed 37% below the $505,000 median of 74 comparable apartmentswithin 5 km.
Schools near Armidale
- New England Girls' Schoolcombined · K-12 · CoEd
- OneSchool Global NSW - Armidalecombined · 3-12 · CoEd
- PLC Armidalecombined · K-12 · Girls
- The Armidale Schoolcombined · K-12 · CoEd
- The Armidale Waldorf Schoolcombined · K-11 · CoEd
- Armidale City Public Schoolprimary · K-6 · CoEd
What's nearby
- Opp. Girraween Shops (bus) — 49 m away
- Westside Laundromat — 98 m away
- West Armidale Regenerative Permaculture — 236 m away
- Unnamed — 291 m away
- Unnamed — 387 m away
Armidale at a glance
Full suburb profile- Population
- 23,967
- Median age
- 36
- Household income
- $1,432/wk
- Median rent
- $290/wk
- Median mortgage
- $1,500/mo
Source: ABS Census.
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Suburb market
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Armidale price trend
Median sold · Unit 2 bed
Compound growth +3.5% / yr over 4 yrs
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