70 Niagara St, Armidale is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1329m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Set on a substantial 1,329m parcel in the heart of Armidale, 70 Niagara Street presents a rare opportunity to secure a property with genuine dual income potential and long-term upside.Comprising two separate dwellings, the property offers flexibility for investors, extended families, or those looking to live in one and rent the other. Unit 1 features two bedrooms, a well-appointed bathroom, and a spacious family living area, while Unit 2 offers a larger layout with three bedrooms, two bathrooms, and its own living and kitchen space.The expansive block further enhances the appeal, providing ample room for additional improvements, outdoor space, or future development (STCA). With independent living already established, this is an ideal setup for maximising rental return or accommodating multi-generational living.Positioned in a convenient location close to schools, shops, and Armidale's key amenities, this is a smart acquisition for those seeking strong returns and versatility.Key Features:Dual occupancy setup with two separate dwellingsUnit 1: 2 bedrooms, 1 bathroom, large family livingUnit 2: 3 bedrooms, 2 bathrooms, living and kitchenStrong potential for dual income returnGenerous 1,329m block with future scope (STCA)Flexible living for investors or extended familiesConvenient location close to local amenitiesRental Appraisals unit 2 would achieve: $420 - $470 per weekunit 1 would achieve: $360 - $430 per weekA versatile property offering immediate income potential and future growth - opportunities like this are increasingly hard to find.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.
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 13,832 properties. Over the last 5 years, Houses in Armidale have seen a 77.63% increase in median value, while Units have seen a 45.16% increase. As at 30 April 2026:
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