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31-35 Niagara Street
Armidale, NSW 2350
$325,000
Overview
Smart Buy. Strong Demand. Move Fast.
Located just steps from the University of New England and local shopping centers, these well-constructed two-bedroom brick units offer an excellent opportunity for buyers. The units are highly sought after and are selling quickly due to their desirable features and location.
The living areas are north-facing, providing ample natural light throughout the day. Each unit includes a private courtyard, perfect for outdoor relaxation or entertaining. Comfort is enhanced with underfloor heating, ensuring warmth during cooler months. Built-in robes in the bedrooms offer convenient storage solutions, while the bathroom features a skylight that adds brightness and a sense of openness. Additionally, each unit comes with a secure lock-up garage, providing safe parking and extra storage space.
These units are ideal for tenants and investors alike, with market rents currently rising to approximately $360 per week. The strong demand driven by the nearby university keeps vacancy rates low, making this a sound investment. Outgoings are straightforward, with annual rates around $2,800 and quarterly strata fees of approximately $400.
Multiple units remain available, presenting a great chance to secure a property in this popular complex. Prospective buyers are encouraged to act quickly to avoid missing out.
Recent sales status includes Unit 2, Unit 5, and Unit 13 as sold, with Unit 9 currently under offer.
Please note that all information provided is gathered from sources believed to be reliable; however, accuracy cannot be guaranteed. Interested parties should conduct their own enquiries to verify details.
Location
Armidale NSW 2350
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.