19 Armidale Rd, Coutts Crossing is a 6 bedroom, 3 bathroom House with 5 parking spaces and was built in 2013. The property has a land size of 1201m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
The vendor has held this property as an investment for the last few years but now its time to liquidate. You can buy a hell of a lot of house living space here for not a lot of money.
This is definitely one of the more unique holdings to come onto the market this year. Located right in the heart of Coutts Crossing is this 1,200sqm lot - complete with two dwellings and a shed!
Designed by its current owners, they built their spacious family home and 3 bay shed at the back of the block and a granny flat at the front for either elderly relatives or future income potential. The end result is a super flexible real estate holding that could suit multi-generational families, investors or a mix of both.
The house at the rear is 3-4 bedrooms depending on desired layout and has all the mod cons you would expect of a home built in 2013, including dishwasher and air conditioning. Car accommodation is offered via a double lock up garage on the house along with a 3 bay colorbond shed. The 'granny flat' at the front of the block is essentially an extra house offering 2 bedrooms and a single lock up garage.
The property will be sold with the house vacant, its rental value is in the vicinity of $480 - $500 per week. The granny flat is currently leased to a long term tenant who is currently paying $270 per week (market value is more like $350 per week) - so potential combined income total of $850 per week for any astute investors looking at a property to maximise their return.
Pest & Building Reports have already been completed and are available for your perusal. The property is being sold via Openn Negotiation, so be sure to inspect and register your interest at www.openn.com.au so you don't miss out!
The size of Coutts Crossing is approximately 59.2 square kilometres. It has 1 park. The population of Coutts Crossing in 2011 was 1,039 people. By 2016 the population was 1,064 showing a population growth of 2.4% in the area during that time. The predominant age group in Coutts Crossing is 10-19 years. Households in Coutts Crossing are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coutts Crossing work in a community and personal service occupation. In 2011, 83% of the homes in Coutts Crossing were owner-occupied compared with 80.5% in 2016.
Coutts Crossing has 492 properties. Over the last 5 years, Houses in Coutts Crossing have seen a 80.56% increase in median value. As at 31 October 2024:
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