Living area
Kitchen
Beds
Rarely does an opportunity of this magnitude present itself to the market and Raine and Horne Armidale are thrilled to present 242 Beardy Street, Armidale.
There are 6 self-contained attached units, each with one bedroom, one bathroom, individual parking, and a shared laundry. Each unit is open-plan style and currently attracts a rental income varying from $275 to $300 per week.
With an unchallenged location, this property is situated within the Central Business District directly adjacent to the Centro Shopping Centre and within walking distance to the TAFE, Schools, and all amenities ensuring a high occupation based on location alone. Additionally, Armidale is a hub for schooling with Private and Public options from Kindergarten to the University of New England creating an ideal demand for this type of rental premises.
Alternatively, with E2 zoning further development opportunities STCA exist, there could be no other choice for investors and developers wishing to add to their portfolios!
To Inspect and Explore call Nellie Hayes on 0458 326 464.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.25 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 17 | - | Council approved | |
 | 0.18 km | 4 | 1 | -m2 | Year 2024 Month 11 Day 13 | $650,000 | Council approved | |
 | 0.44 km | 4 | 1 | -m2 | Year 2024 Month 08 Day 21 | $471,000 | Council approved | |
| 0.45 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 11 | $456,000 | Council approved | |
 | 0.23 km | 1 | 1 | -m2 | Year 2024 Month 08 Day 06 | $290,000 | Council approved |