28 O'dell Street, Armidale, NSW 2350

$270,000

Residential Land
Type
818 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 28 O'dell Street, Armidale, NSW 2350)

$270,000

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

A rare, development-ready 818m² corner block in Armidale with DA approval for three units, offering excellent investment and development potential.

🏡 Property Highlights

  • Prime corner block with dual street frontage for versatile development options
  • DA approval in place for three units, enabling immediate construction
  • Level, flat land with minimal site preparation required
  • Strong rental income potential of approximately $900 per week from two units
  • Located in a well-established, family-friendly neighbourhood
  • Rare opportunity to acquire a development-ready parcel in a high-demand area

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage
  • Air Conditioning
  • Ensuite
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Armidale is a vibrant regional centre renowned for its strong community spirit, excellent educational institutions, and picturesque natural surroundings. The suburb offers a family-friendly environment with convenient access to amenities, parks, and transport links. Its well-established streets and high demand for rental properties make it an ideal location for both development and investment. The area’s consistent growth and limited land supply ensure long-term value appreciation.

What is the current zoning and development potential for this land?
The land is zoned for residential development with DA approval in place for three units, allowing for immediate construction and development opportunities.
Are there any restrictions or covenants on the property?
All known restrictions and covenants have been disclosed; however, prospective buyers should verify with local council and relevant authorities for any additional requirements.
What are the expected rental yields for the approved units?
Each of the two-bedroom units is expected to achieve approximately $450 per week in rental income, providing a strong potential return for investors.
Is there any existing infrastructure or services connected to the land?
The land is serviced with essential utilities, and minimal site preparation is required, facilitating a quick start to construction.
What are the nearby amenities and transport options?
The property is located in a well-established, family-friendly area with easy access to schools, parks, shopping centres, and public transport links.
Are there any hidden costs or additional fees associated with the development approval or land purchase? Has the land been surveyed recently, and are there any easements or encumbrances that could affect development? Are there any planned infrastructure projects or zoning changes in the area that could impact property value? Is the property located in a flood or bushfire-prone zone, and what risk mitigation measures are recommended? Are there any existing or planned nearby construction activities that could cause noise or disruption?

28 O'dell Street, Armidale, NSW 2350 - More Details

$270,000

Positioned in a well-established and tightly held pocket of Armidale, 28 Odell Street presents an outstanding opportunity to secure a generous 818m² parcel of land with DA approval already in place for three units.

Flat, level, and primed for construction, this corner block offers exceptional flexibility with dual street frontage-making it ideal for developers ready to capitalise on a turnkey project. With approvals secured and minimal site preparation required, you can fast-track construction and bring your development to market sooner.

Each of the approved two-bedroom units is expected to achieve approximately $450 per week in rental income, offering strong potential returns and making this an attractive proposition for investors seeking solid yield in a high-demand rental market.

Surrounded by quality homes in a convenient, family-friendly location, blocks of this calibre-particularly those with development approval-are becoming increasingly rare.

Whether you're looking to develop immediately, landbank, or invest with confidence, this is a premium opportunity in one of Armidale's most sought-after areas.

Disclaimer: We have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Type
Residential Land
Area
818 m²

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