2/17 James AvenueArmidale NSW 2350
Property Details for 2/17 James Ave, Armidale
2/17 James Ave, Armidale is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 948m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Armidale in the last 12 months.
Last Listing description (September 2024)
Discover the epitome of investment potential with Units 1 & 2 of 17 James Avenue. This exceptional property presents an ideal chance to kickstart your investment portfolio or expand an existing one. Boasting two mirrored units, each unit offers a harmonious blend of comfort, convenience, and contemporary living.
Unit Features:
Bedroom: Each unit comprises a well-appointed bedroom featuring a built-in, bathroom complete with a shower, toilet, and vanity.
Living Space: Spacious living rooms provide the perfect setting for relaxation and entertainment, with ample room for dining.
Car Spaces: Convenience is key, with allocated single undercover car spaces ensuring hassle-free parking for residents.
Outdoor Areas: Unit 1 boasts an inviting undercover entertaining space, ideal for alfresco dining or leisurely gatherings. Meanwhile, Unit 2 offers a fully fenced yard, providing a private oasis for outdoor pursuits.
Laundry Facilities: Both units feature expansive laundry areas with external access, offering added convenience for residents.
Climate Control: Enjoy year-round comfort with reverse cycle air conditioning installed in Unit 1 and gas heating in Unit 2.
Investment Potential:
With both currently rented returning $415 per week combined, and the complex increasing to a combined rent of $460.00 in August, this property offers a lucrative investment opportunity with promising rental returns.
Don't miss the chance to seize this exceptional investment opportunity. Whether you're a seasoned investor or a newcomer to the property market, Units 1 & 2 of 17 James Avenue offer the perfect combination of comfort, convenience, and potential returns. Enquire today to secure your slice of this lucrative investment opportunity.
*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.*
Property History for 2/17 James Ave, Armidale, NSW 2350
- 03 Sep 2024Sold for $395,000
- 08 Apr 2024Listed for Rent $200 / week
- 05 Apr 2024Listed for Sale Not Disclosed
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0About Armidale 2350
The size of Armidale is approximately 268.8 square kilometres. It has 41 parks covering nearly 2.3% of total area. The population of Armidale in 2011 was 22,467 people. By 2016 the population was 23,355 showing a population growth of 4.0% in the area during that time. The predominant age group in Armidale is 20-29 years. Households in Armidale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Armidale work in a professional occupation. In 2011, 59.9% of the homes in Armidale were owner-occupied compared with 57.7% in 2016.
Armidale has 13,573 properties. Over the last 5 years, Houses in Armidale have seen a 53.81% increase in median value, while Units have seen a 47.51% increase. As at 31 October 2024:
- The median value for Houses in Armidale is $469,038 while the median value for Units is $314,827.
- Houses have a median rent of $450 while Units have a median rent of $330.
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