9 Speare Avenue, Armidale NSW 2350

Seeking a generous parcel of land to build and profit? Set on a quiet lane, this 1633m2 vacant block has DA approval for six stand-alone units with single lock-up garages and courtyards. The approval is for four, 3-bedroom, 2 bathroom units with a potential rental return of $360-$380 per week; and two, 2-bedroom, 2 bathroom units with potential for $320 - $340 per week.
The level land already has water and sewerage in place and is ideally positioned within close proximity of the CBD.
The area presents easy access to Waterfall Way, and is within walking distance of schools, shops, clubs and dining. The train station is a five-minute drive or less than half an hour on foot.
With the block having been cleared and flattened, there's nothing to do here but start building, so don't delay arranging your inspection with our agent.

*We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.*