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53B The Avenue, Armidale$1.25m

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53B The Avenue

Armidale, NSW 2350, Australia

$1.25m

8 ha

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About this property

Located on South Hill in Armidale, this prime residential land is waiting for the right owner. Just over 19 acres (7.92 hectares) gives you the opportunity to build a beautiful new home for yourself and subdivide later for your retirement. Situated within the town boundary, only 3km from the CBD and a magnificent northerly aspect with panoramic views over Armidale and the surrounding landscape. If you want to move in from the farm and keep a few favourites around, this could just suit until you were ready to subdivide or develop the remaining acres. The potential subdivision allows 5 x 1 hectare blocks or sell on to a developer with the block's potential for subdivision allows a developer to build Strata Title lots, such as dual occupancies, group homes, respite day care, senior housing, retirement village etc., to maximize return on investment, as per Zone E4 of the Local Development Plan. For full details and to arrange an inspection contact Brian Thomas on 0412 667 515.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 8 ha
Listed: 3 months ago

Repayment calculator

$6,060/month

$3,030 /fortnight

Loan $1,000,000 at 6.10% over 30 years

Upfront costs

Deposit$250,000

Stamp duty$48,974

Conveyancing (est.)$2,000

Total upfront$300,974

Verify with NSW revenue office →

Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Armidale

This land in Armidale, NSW 2350 sits within reach of public transport, local shops and nearby schools. It is listed 83% above the $682,500 median of 69 comparable landswithin 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

Armidale Station, Platform 1 (train) — 2.1 km away
Unnamed — 2.0 km away
Rotary Park — 1.7 km away
Watson Park — 2.0 km away
St Ursula's College Sportsground — 2.5 km 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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