179 Chapel Street, Armidale, NSW 2350

Block Of Units
Type
10
Bedrooms
4
Bathrooms
4
Parkings
1,227 m²
Area

Last updated on Friday, May 22, 2026 ( See property details for 179 Chapel Street, Armidale, NSW 2350)

$1,100,000.00 - $1,200,000.00

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment opportunity comprising four well-presented units in a prime Armidale location, offering strong rental potential and income diversification.

🏡 Property Highlights

  • Complete block of four units offering multiple income streams
  • Large four-bedroom unit with private yard for added tenant appeal
  • Freshly repainted units with reduced immediate maintenance
  • Each unit includes its own parking space for convenience
  • Flexible accommodation mix suitable for diverse tenants
  • Excellent location just five minutes from Armidale CBD and amenities

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Garage / Secure Parking
  • Internal Laundry
  • Ceiling Fans
  • Extra Storage (Shed/Linen)

Armidale is a vibrant regional centre renowned for its strong community, educational institutions, and scenic surroundings. The suburb offers excellent amenities, convenient access to the CBD, and a stable rental market, making it an ideal location for investors seeking long-term growth. With a friendly neighbourhood atmosphere and proximity to schools, shops, and services, Armidale provides a highly desirable lifestyle for tenants and owners alike.

What is the current rental income potential for this property?
The property is expected to attract a weekly rental income of approximately $1,440 to $1,470 in its current condition, providing strong income streams for investors.
Are there any recent renovations or upgrades to the units?
Yes, Units 2, 3, and 4 have been freshly repainted, enhancing their presentation and reducing immediate maintenance needs.
What is the layout and size of each unit?
Unit 1 offers a larger four-bedroom layout with its own private yard, while Units 2, 3, and 4 each feature two bedrooms and one bathroom, providing practical and easy-care living spaces.
Is there parking available for each unit?
Yes, each unit includes its own parking space, ensuring convenience for residents.
What are the benefits of owning a multi-unit property in Armidale?
Owning multiple units diversifies income streams, reduces rental risk, and offers flexibility in tenant management, all within a desirable regional location.
Are there any zoning restrictions or easements affecting the property? Have any recent inspections revealed structural or maintenance issues? Are there any upcoming planning or development proposals in the area? What are the current council rates and ongoing maintenance costs? Is there any history of flooding or bushfire risk in this location? Are there any strata or body corporate fees applicable to this property? What is the history of tenant occupancy and rental stability? Are there any restrictions on property modifications or renovations? Is the property compliant with all local building and safety regulations? Are there any planned infrastructure or roadworks nearby that could impact the property?

179 Chapel Street, Armidale, NSW 2350 - More Details

$1,100,000.00 - $1,200,000.00

Type
Block Of Units
Bedrooms
10
Bathrooms
4
Parkings
4
Area
1,227 m²

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