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108B Niagara Street, Armidale, NSW 2350, 4 Bedrooms, 1 Bathrooms, House

$500,000 - $550,000

108B Niagara Street, Armidale, NSW 2350

4
1
1
1357m2
HouseListed on Mon Nov 25

Armidale 4 Bedroom Immediate Returns & Development Opportunity

108B Niagara Street presents a unique chance to secure a property that combines solid rental income with exciting future development possibilities. This spacious 4-bedroom home offers charming period features and council-approved plans for a duplex development-ready to be brought to life. Whether you're an investor seeking immediate cash flow or a developer looking for your next project, this property has it all.

The home is full of character, with pressed metal ceilings throughout and an updated kitchen featuring an electric stove and dishwasher. The formal lounge, with its high ceilings, creates a welcoming atmosphere brimming with timeless appeal. Currently earning a solid rental income of $460 per week, this property is an attractive investment opportunity from the outset.

Split across two titles, the property offers flexibility and significant future potential. The second block includes a storage shed, which could generate an additional $60 per week in rental income-perfect for investors looking to maximise cash flow.

With its blend of rental income, immediate returns, and future development prospects, 108B Niagara Street is an investment you don't want to miss. Whether you plan to hold, renovate, or develop, this property has something for everyone.

Contact Natalie Bower on 0488 721 118 to book your private inspection today.

** Please note that, for privacy reasons, the internal photos featured in this advertisement were taken in 2014 and may not accurately represent the current internal condition of the property.

*All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$279,000
Land1350m²
Planning ZoneGeneral Residential
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Lot Size500 m2
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Drummond Memorial Public School
0.31 km
Primary
K-6
Government
icsea: 805
Armidale Secondary College
1.20 km
Secondary
7-12
Government
icsea: 961

Property history

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Armidale surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
316 Beardy Street, Armidale
0.15 km
3
1
-m2
Year 2024 Month 11 Day 14
$350,000
Council approved
319 Beardy Street, Armidale
0.16 km
3
1
-m2
Year 2024 Month 10 Day 29
$535,000
Council approved
288A Dumaresq Street, Armidale
0.17 km
0
0
-m2
Year 2024 Month 10 Day 08
$205,000
Council approved
97 Niagara Street, Armidale
0.14 km
3
1
-m2
Year 2024 Month 08 Day 12
-
Council approved
12 Wigan Avenue, Armidale
0.09 km
6
3
-m2
Year 2024 Month 08 Day 04
$690,000
Council approved

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Ref:3204876Last update:2024-12-12 04:18:30