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Back 207 Dumaresq Street
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207 Dumaresq Street

Armidale NSW 2350

2
2
4899 m²
House
Currently for sale - view listing

Overview

Dual Income and Development Opportunity!

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.

Features

2 bedrooms
2 bathrooms
4899 m² lot size
House

Happy sellers in Armidale

85%
85% of sellers in Armidale reported that their sale price either exceeded or met their price expectations.

Armidale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 131 reviews in Armidale over the last 12 months.

Local market activity for 2 bedroom houses in Armidale

In the last 12 months, 29 two-bedroom houses similar to 207 Dumaresq Street, have been sold.

This represents a 23% increase in two-bedroom houses sales when compared to the previous 12 months.

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