ARMIDALE DUAL - HIGH DEMAND - LOW VACANCY - BUY FOR INCOME RETURN!

Location is minutes to Armidale CBD, University of New England, and the Armidale Hospital Armidale is a city in the Northern tablelands of NSW. It is known for its tree lined streets, heritage buildings and diverse culture. Spectacular landscape and numerous heritage National Parks make it a great place to explore. The vineyards and wineries provide excellent cool climate wines. This plus a diverse food culture make this a food lovers paradise. Armidale is one of the strongest economies in Regional NSW - with Research and Education, top agricultural and horticultural produce, and its sophisicated urban hub it is a most attractive city. The Uni of New England offers many diversified courses attracting many young professionals to the area. This coupled with a large General Hospital plus the ancillary health care associated with this, this area has a high demand for housing and rental accommodation. DUAL OCCUPANCY - Main dwelling: 3 bed + 1 bath + 1 carport Secondary Dwelling: 3 bed + 1bath - 0 Carport Land size: 783m2 Land price: $229,000 Dwelling total size: 131.22m2 Build cost: $514,000 TOTAL PACKAGE PRICE: $743,000 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 Land settlement: 14 days from issue of title or 14 days after finance approval Build timeframe- 8-9 months estimate Progressive staged construction loan is required This property is subject to being available at time of your enquiry. FOR SALE: $743,000 Kaye Tilley 0418 823 046