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Overview
70 Niagara Street, Armidale
Set on a substantial 1,329 square meter parcel in the heart of Armidale, this property offers a rare opportunity to secure a duplex with genuine dual income potential and long-term growth prospects.
The property comprises two separate dwellings, providing flexibility for investors, extended families, or those seeking to live in one unit while renting the other. The first unit features two bedrooms, a well-appointed bathroom, and a spacious family living area. The second unit offers a larger layout with three bedrooms, two bathrooms, and its own living and kitchen spaces.
The expansive block enhances the appeal by providing ample room for additional improvements, outdoor space, or future development, subject to council approval. With independent living already established, this setup is ideal for maximizing rental returns or accommodating multi-generational living arrangements.
Conveniently positioned close to schools, shops, and key amenities in Armidale, this property represents a smart acquisition for those seeking strong returns and versatility.
Key Features:
- Dual occupancy setup with two separate dwellings
- Unit 1: 2 bedrooms, 1 bathroom, large family living area
- Unit 2: 3 bedrooms, 2 bathrooms, separate living and kitchen spaces
- Strong potential for dual income return
- Generous 1,329 square meter block with future development scope (subject to council approval)
- Flexible living options suitable for investors or extended families
- Convenient location close to local amenities
Rental Appraisals:
- Unit 1 would achieve approximately $420 to $470 per week
- Unit 2 would achieve approximately $360 to $430 per week
This versatile property offers immediate income potential and future growth opportunities, making it a rare find in the current market.
Disclaimer: All information has been obtained from sources believed to be reliable; however, accuracy cannot be guaranteed. Prospective purchasers are advised to conduct their own investigations.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Price Guide: $600,000 - $660,000 | |
| Price Guide: $650,000 - $695,000 | |
| $650,000 - $695,000 | |
| Price Guide: $650,000 - $695,000 |
Location
Armidale NSW 2350
Market Insights for Armidale NSW 2350
Other properties in this postcode
* 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.
