About this commercial property
LOT B 5 Speare Avenue is a detached four‑bedroom house built in 1960 on a 921 m² block in Armidale. The dwelling includes two carport spaces and a low energy‑efficiency rating of 0 / 10. It is currently off‑market, having last sold for $250,000 in April 2009.
The most recent market estimate places the property’s value around $655,000, with an estimated rental income of $545 per week, indicating a gross yield of approximately 4.5 %. The site is situated on a quiet street near schools, transport links, and the Armidale central business district