28 O'Dell Street, Armidale NSW 2350
28 O’Dell Street, Armidale NSW 2350
Vacant corner block | DA-approved three-unit site | Prestige pocket | Turnkey development
This property presents a rare, de-risked development opportunity in a tightly held location. The existing DA approval for three units on a flat, generous corner block removes significant time, cost, and approval uncertainty, positioning it as a prime turnkey project. It is exclusively suited to a developer or builder-owner, offering immediate construction start and a premium end-product in an established precinct.
Proceed with a commercial lens focused on construction cost risk and market timing. The price guide reflects the cleared site value; your margin is contingent on build economics and absorbing any future market shifts. Execute with a clear build-to-sell or hold strategy for the completed units, as the land’s highest utility is now realized through development. This is a strategic acquisition for a capital deployer, not a passive land bank.
Detailed Independent Property Report prepared by PropCred Analyst team for 28 O’Dell Street, Armidale NSW 2350
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
-
Bathroom
1
Parking
-
Land
URL has been copied successfully!