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House for Sale

207 Dumaresq Street Armidale, NSW 2350

Auction 3rd SeptemberPlay VideoFloorplan
  • 2 Beds
  • 2 Baths

Auction details

  • Auction
    3September10:30am
    10:30am
    Armidale Ex Services Club

Auction location: Armidale Ex Services Club

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207 Dumaresq Street, Armidale, NSW 2350

House for Sale in Armidale

Dual Income and Development Opportunity!

  • 2 Beds
  • 2 Baths

Centrally located with excellent proximity to schooling options, the CBD, and Armidale's hospital and health services, 207 Dumaresq Street presents an outstanding opportunity for dual income in a highly convenient location, with significant future development potential.

The property comprises a period-style weatherboard home that has been retrofitted into two self contained one bedroom units. Each unit features open plan living, dining and kitchen areas, along with a generous bedroom and bathroom. Both units are equipped with gas cooking, gas hot water and gas heating.

A newly erected shed provides secure lockable storage and a lean to car space, complemented by an additional garden shed.

The true potential of the property lies in the substantial 4,867sqm R1-zoned battle-axe block, offering a range of development opportunities in a quality central location (STCA). The site particularly lends itself to a multi unit development or boutique gated community.

Current market rental estimates are $300 per unit per week.
Rates: Approximately $4,800 per annum.

The owner has expressed a genuine desire to release this long term asset and welcomes inspections and offers from interested buyers.

Land:

4,899m² / 1.21 acres

Bedrooms:

2

Bathrooms:

2

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