Tāuru Rapu...
108B Niagara Street, Armidale, NSW 2350, 4 rūma, 1 rūma horoi, House

$500,000 - $550,000

108B Niagara Street, Armidale, NSW 2350

4
1
1
1357m2
HouseWā rārangi 11-25 00:00

Armidale 4Moenga 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 currently generates 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*

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Raraunga Kāwanatanga

Rā Whakahou Raraunga: 2024 11 30
Uara Whenua$279,000
Rohe Whenua1350m²
Tāpae whenuaGeneral Residential
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Rahi iti rawa500 m2
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Mōhiohio Kura

Ingoa
Tawhiti
Momo
Kōeke
Āhuatanga
Ira Tangata
Score
Drummond Memorial Public School
0.31 km
Kura Tuatahi
K-6
Kura Kāwanatanga
icsea: 805
Armidale Secondary College
1.20 km
Kura Tuarua
7-12
Kura Kāwanatanga
icsea: 961

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Waehere Whare:3204876Wā Whakahou Mutunga:2025-01-21 03:40:51