179 Chapel StreetArmidale NSW 2350
Property Details for 179 Chapel St, Armidale
179 Chapel St, Armidale is a 10 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 1226m2. While the property is not currently for sale or for rent, it was last sold in February 2004.
Last Listing description (June 2026)
Positioned just a five-minute drive from the centre of town, 179 Chapel Street presents an exciting opportunity to secure a complete block of four units in a convenient Armidale location. Offering multiple income streams, a flexible accommodation mix and strong tenant appeal, this property is well suited to investors looking to add scale and stability to their portfolio.
The property comprises four separate units, with Unit 1 offering a larger four-bedroom layout and the added benefit of its own private yard. This provides excellent appeal for tenants seeking extra space, privacy and a more house-like feel, while still enjoying the convenience of unit-style living.
Units 2, 3 and 4 each feature two bedrooms and one bathroom, providing practical and easy-care accommodation that suits a broad range of tenants. These three units have also been freshly repainted, improving their presentation and reducing immediate maintenance requirements for the incoming owner.
Each unit includes its own parking space, adding everyday convenience for residents, while Units 2, 3 and 4 share a practical yard area. The propertys configuration provides a strong balance of rental diversity, with the larger Unit 1 offering a different tenant profile to the smaller two-bedroom units.
With four separate income streams, 179 Chapel Street offers the benefit of spreading rental risk across multiple tenancies rather than relying on a single occupant. Its location, only a short drive to Armidales CBD, schools, shops and services, further enhances its appeal as a long-term investment in a tightly held regional market.
For investors seeking a multi-unit asset with flexibility, income potential and a convenient position, 179 Chapel Street is an opportunity well worth considering.
With all units leased, 179 Chapel Street would likely to attract a rental value of approximately $1,440 $1470 per week in its current condition.
* We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.*
Property History for 179 Chapel St, Armidale, NSW 2350
- 07 May 2026Listed for Sale $1,100,000.00 - $1,200,000.00
- 30 Sep 2015Listed for Rent - Price not available
- 02 Apr 2011Listed for Rent - Price not available
Recent sales nearby
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0About Armidale 2350
The size of Armidale is approximately 268.8 square kilometres. There are 41 parks, covering nearly 2.3% of the total area. The population of Armidale in 2016 was 23352 people. By 2021 the population was 23967 showing a population growth of 2.6% in the area during that time. The predominant age group in Armidale is 20-29 years. Households in Armidale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Armidale work in a professional occupation.In 2021, 59.20% of the homes in Armidale were owner-occupied compared with 57.70% in 2016.
Armidale has 13,868 properties. Over the last 5 years, Houses in Armidale have seen a 79.67% increase in median value, while Units have seen a 68.14% increase. As at 31 May 2026:
- The median value for Houses in Armidale is $621,559 while the median value for Units is $410,433.
- Houses have a median rent of $500 while Units have a median rent of $370.
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