Armidale
Starting at Just $661,840
Maximize Your Portfolio with a Premier Investment in Armidale’s Knowledge Economy
Discover the untapped potential of Lot 311 at 16 Colin Crescent, a substantial 1,045 sqm block poised for exceptional growth and high rental yields. Located in the dynamic suburb of Armidale, this registered, north-facing land offers the perfect foundation for building a lucrative dual occupancy or duplex development, making it an ideal addition to any investment portfolio.
Why Invest in Armidale?
- Educational Hub: Just 6 minutes from The University of New England, Armidale is a thriving centre of education and health, ensuring a constant demand for rental properties.
- Strong Growth: Experience a remarkable 69% median price growth over the last five years, signaling a robust investment environment.
- Community and Connectivity: Positioned 14 minutes from Armidale hospital and amidst a growing knowledge-based economy, this locale ensures your investment is both secure and promising.
Investment Highlights:
- Dual Occupancy/Duplex Potential: Exploit the block’s large size to potentially develop dual living units, maximizing income through multiple tenancies.
- High Rental Demand: With 1 in 3 locals working in health and education, paired with a sub-1% vacancy rate, rental demand is consistently high.
- Future-Proof Investment: Benefit from ongoing regional developments and infrastructural enhancements that are set to increase property values further.
Development Features:
- Flexible Design Options: Choose from various architecturally designed plans that cater to market demands, ensuring high tenant attraction.
- Quality Inclusions: Each design promises high-quality finishes and contemporary layouts, aimed at providing comfort and style.
- Full Turn-Key Solutions: Invest with confidence knowing all homes can be delivered ready to rent, reducing time and hassle.
Seize this Investment Opportunity:
Lot 311 at Colin Crescent is not just a piece of land; it’s a gateway to substantial returns. With its significant size, prime location, and dual occupancy capabilities, it’s structured for success in the burgeoning market of Armidale.
Enquire today to learn more about how this property can serve as a cornerstone for your investment achievements.
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