SOLD
Sold on 10 Jul 2024 for $560,000

2 Sarah Place
Armidale NSW 2350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 781m2
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Property Details for 2 Sarah Pl, Armidale

2 Sarah Pl, Armidale is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 781m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Armidale in the last 12 months.

Building Type
House
Year Built
1980
Land Size
781m2
Local Government
Armidale Regional
Lot/Plan
19/DP711016

Last Listing description (July 2024)

Nestled in a serene cul-de-sac, this charming brick duplex presents a prime opportunity for both investors and homeowners alike. Enjoying a coveted location within walking distance to the esteemed University of New England, this property offers convenience without compromising on peace and privacy.

Key Features:
Mirrored Units: Each unit mirrors the other, offering symmetry and balance throughout the property.

Two Bedrooms with Built-in Wardrobes: Both units boast two spacious bedrooms complete with built-in wardrobes, providing ample storage space.
Main Bathroom: Enjoy the convenience of a well-appointed main bathroom in each unit, featuring a bath, shower and a separate toilet for added privacy.
Large Carpeted Living Rooms with Gas Heating: Relax in the generously sized living rooms, adorned with plush carpeting and warmed by efficient gas heating systems for cozy evenings indoors.
Private Laundry Facilities: Each unit features its own laundry area with external access, ensuring convenience and privacy for residents.
Private Backyards/Courtyards: Step outside to discover tranquil private backyards or courtyards, perfect for enjoying alfresco dining or peaceful moments in nature.
Single Lock-up Garages: Providing secure parking and additional storage space, each unit is equipped with its own single lock-up garage for added convenience.
Well-appointed Kitchens: The kitchens in both units boast ample cupboard space, offering functionality and practicality for everyday living.

Investment Potential:
Unit 1 Rental Income: Currently leased at $320 per week, Unit 1 offers a steady stream of income for savvy investors.
Unit 2 Lease Opportunity: Unit 2 presents an attractive opportunity for potential investors, currently listed for lease at $320 per week.

Ideal First Investment: Whether you're a seasoned investor or venturing into property investment for the first time, this property promises an easy and neat investment opportunity in a sought-after location.
This property also presents a great opportunity to live in one unit while renting out the other.

Don't miss your chance to secure this immaculate duplex in a peaceful setting. Contact us today to arrange a viewing and make this property your next successful investment venture!

*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.*

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Property History for 2 Sarah Pl, Armidale, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$560,000
10 Jul 2024
Listed for Rent
$170/w
07 Jan 2009
  • 10 Jul 2024
    Sold for $560,000
  • 16 May 2024
    Listed for Sale Not Disclosed
  • 04 Dec 2008
    Listed for Rent - Price not available
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About 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 13,577 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.
There are currently 97 properties listed for sale, and 8 properties listed for rent in Armidale on OnTheHouse. According to CoreLogic's data, 605 properties were sold in the past 12 months in Armidale.

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