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.
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