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Expressions of Interest
• Substantial 1.62 hectare* rare land offering (16,267m2 or 4 acres) inside town boundary with all services available.
• Walking Distance to University of New England
• Nearby Private & Public Schools
9, 11 and 13 Cluny Road, and 11 Madgwick Drive, Armidale represent an exceptional opportunity to acquire a substantial 1.67 hectare* parcel of R1 Residential zoned land in the well established and fast growing town of Armidale in the NSW Northern Tablelands.
The site boasts dual street frontage along Cluny Road & Madgwick Drive, allowing for outstanding exposure and flexible future development options. The R1 Residential zoning of the property allows for potential subdivision down to a minimum of 500m2 lots, including dual occupancies (STCA).
This extraordinary opportunity is inclusive of an already income generating asset, returning gross $36,400.00 per annum by way 1 separate adjoining 1 acre lot that offers a dual occupancy dwelling exceeding 4000m2 in size. 11 Madgwick Drive is 4,267m2, with dual street frontage to prestigious Cluny Road. 11 Madgwick Drive contains an existing registered 5m wide easement to drain water into the adjoining Council stormwater drainage infrastructure.
The remainder of the site is made up of 3 x 4000m2 separately titled lots fronting Cluny Road.
*All lots are also available for separate sale. So, be quick to secure part or the whole site before it is broken up.
The duplexis separately advertised at https://www.realestate.com.au/property-duplex+semi-detached-nsw-armidale-137400190 and the Cluny Road land at https://www.realestate.com.au/property-residential+land-nsw-armidale-203124914
All services are available including, power, sewer, water & NBN fibre.
Located in the popular New England Region of NSW, half way between Sydney & Brisbane, this property benefits from its locality to UNE & town centre and its accessibility by road, rail & air from the major cities.
For more information or to arrange an inspection of the site, please don't hesitate to contact Rebecca Poulter 0439 443 557.
* Conditions Apply
Unit 2/111 Dangar Street, Armidale NSW 2350
Call Rebecca Poulter on
0417725000
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