Commercial Property

89 Niagara Street

Armidale NSW 2350, Australia

2 Parking
720 m² Land size
244 m² Internal area
$585,000 Last sale (2022)

Snapshot

Key points for 89 Niagara Street.

  • Estimated market value: $720,000
  • Recorded price: $585,000
  • Land size: 720 m²
  • Electric hot water
  • Fully fenced site

About this commercial property

Lot 4 89 Niagara Street in Armidale is a duplex built in 1990 on a roughly 721 m² block. The residence provides four bedrooms, two bathrooms and two car spaces, with internal floor area reported between 244 m² and 278 m². The property includes practical features such as electric hot water, built‑in robes and a fully fenced site.

It is located in a residential‑zoned area of Armidale, close to several schools, childcare centres and community amenities, making it suitable for owner‑occupancy or investment

Key details

Locality
Armidale
State
NSW
Coordinates
30.50636482 / 151.65164196
GNAF PID
GANSW703928658
Legal parcel ID
4/521149
Remoteness area
Regional
Property type
Commercial
Land size
720 m²
Internal area
244 m²
Built
1990
Land Use Category
Commercial

Market estimates

Based on web rent evidence, web value evidence.

Expected weekly rent
$600
Expected property value
$720,000
Estimated yield
4.33%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
4 Oct 2023
Private treaty sale.
$625 000$868
Contract signed
28 Aug 2023
Sale listed by Hutchinson & Harlow.
——
Sale
5 Aug 2022
Contracted 14 Jul 2022. Private treaty sale.
$585,000$812
Contract signed
1 Jul 2022
Sale listed by Armidale Town & Country.
——
Sale
1 Apr 2002
$172 000$238

Price per m² based on land size of 720 m².

Property insights

Building profile

  • Built: 1990
  • Subdivision activity: | Neighbouring residential units | 1/89 Niagara St (2‑bedroom townhouse, off‑market, $364 k est.) 2/89 Niagara St (2‑bedroom townhouse, $358 k est.) 88 Niagara St (4‑bedroom house, $498 k est.) | – | Nearby subdivided parcels on the same street. |

Property Features

  • Electric hot water
  • Fully fenced site
  • Valuation range $620k‑$820k: Median estimate $751k
  • Estimated weekly rent $570‑$610 per week: Yield ≈4.4% gross

Recorded sales and leasing agents

Recorded sale agency (2023 sale)
Hutchinson & Harlow Real Estate recorded for the 2023 sale
Recorded listing contacts
Hutchinson & Harlow Real Estate Selling agent for 2023 transaction Armidale Town & Country Real Estate Selling agent for 2022 transaction

Real Estate Agencies

Ordered by:
Laing+Simmons - Armidale
1.5 km
Professionals - Armidale
1.6 km
Armidale Town & Country - ARMIDALE
1.8 km
Ray White Rural - Guyra/Armidale
1.6 km
Armidale First National Real Estate - Armidale
1.6 km
Hutchinson & Harlow Real Estate - Armidale
1.6 km
Raine & Horne - Armidale
3.5 km
MacDougall Rural Property
7.4 km
Armidale Rentals - Armidale
1.5 km
Elders Rural Services - Armidale
1.7 km
Belle Property Armidale
3.6 km
Kari Maitz Property - ARMIDALE
3.8 km
* Approximate straight-line distances

Frequently asked questions

What parking facilities are available?

There are two car spaces associated with the duplex

What is the nearest airport?

Armidale Hospital Airport is approximately 0.6 km away

How many bedrooms does the property have?

The duplex offers four bedrooms

En.wikipedia.org
How many bathrooms are there?

The property includes two bathrooms

En.wikipedia.org
How far is the nearest railway station?

Armidale railway station is about 1.0 km from the property

What kind of property is this?

89 Niagara Street is listed as Commercial in Armidale, NSW

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

89 Niagara Street is described with 2 parking spaces, land size of 720 m², internal area of 244 m², built around 1990

What asking price or listing price is shown?

89 Niagara Street includes price $585,000, Sold for $585,000 on 14 Jul 2022

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