326 Beardy Street, Armidale NSW 2350
326 Beardy Street, Armidale NSW 2350
Multi-unit triplex on large block | investor income streams | convenient Armidale location | school access including private | configuration requires diligence
This property is unusual in Armidale for its triplex configuration on a block of nearly 900 square metres, offering multiple rental incomes under one holding. Its position on Beardy Street provides proximity to established schools including New England Girls’ School and O’Connor Catholic College, which strengthens its appeal to families and tenants. The combination of a large landholding with existing multi-dwelling use makes it a rare find for yield-focused investors or those seeking repositioning potential. A buyer looking to consolidate income-producing residential property in a stable regional centre would find this compelling.
The inconsistent public records on dwelling count and configuration may require legal or planning verification before settlement. The age of the unit built in 1990 suggests maintenance may need to be assessed, and the absence of a full finishes schedule means capital expenditure for upgrades should not be overlooked. The property’s value might be influenced by how effectively the multiple income streams are currently structured and leased.
Detailed Independent Property Report prepared by PropCred Analyst team for 326 Beardy Street, Armidale NSW 2350
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✓
Execution Risk
✕
2
Armidale NSW 2350
Armidale is a dynamic regional centre anchored by its university, driving robust demand from academic staff, students, and families. This has fuelled strong recent price appreciation and a competitive sales environment. Future growth is underpinned by sustained educational and professional employment, though affordability pressures and limited new supply present notable market constraints.