Armidale, NSW, 2350, Australia

Introducing Affordability at it's best, inclusive of high Yield
Central location & Perfect For Dual Living.
Cookes Hill is an inspiring residential land estate offering purchasers a picturesque lifestyle in a convenient city fringe location where future residents will enjoy suburb elevated views over the city centre.
The name Cookes Hill gives credit to its amiable location, beautifully situated on Cookes Road.
Rent from $930 p/w
H&L From $653,000
Yield 7.4%
Only two lots available (Lot 3&4)

Why Armidale?

• Educational Excellence: With the University of New England and several renowned schools, Armidale is an educational hub that draws students and professionals, ensuring a high demand for rental properties.
• Quality of Life: Surrounded by stunning natural landscapes and offering a range of cultural and recreational activities, Armidale provides an exceptional quality of life that appeals to both families and individuals.
• Strong Property Market: Armidale offers affordable property prices with significant potential for capital growth and rental yields, making it a wise investment choice.


Location is minutes to Armidale CBD, University of New England, and the Armidale Hospital
Armidale is a city in the Northern tablelands of NSW. It is known for its tree lined streets, heritage buildings and diverse culture. Spectacular landscape and numerous heritage National Parks make it a great place to explore. The vineyards and wineries provide excellent cool climate wines. This plus a diverse food culture make this a food lovers paradise.
Armidale is one of the strongest economies in Regional NSW - with Research and Education, top agricultural and horticultural produce, and its sophisicated urban hub it is a most attractive city. The Uni of New England offers many diversified courses attracting many young professionals to the area. This coupled with a large General Hospital plus the ancillary health care associated with this, this area has a high demand for housing and accommodation: - VERY STRONG MARKETPLACE WITH HIGH DEMAND FOR HOUSING

DUAL LIVING -
Two contracts
UNIT 1: 3 BEDS, 1 BATH AND 1 CAR
UNIT 2: 3 BEDS, 1 BATH AND 0 CAR
Land size: 690m2 $220,000. Rego in Oct 24
Dwelling total size: 131.22m2 Build cost. $433,,000
TOTAL PACKAGE PRICE: $653,,000
Rental estimate: $930 total per week estimated

TO PURCHASE:
EOI with initial holding deposit to be paid of $1000
Subject to Finance: 21 days from date of land contract
Land settlement: 14 days from issue of title or 14 days after finance approval
Build timeframe- 8 months estimate
Progressive staged construction loan is required

THIS PROPERTY IS NOT YET CONSTRUCTED. IT IS BEING SOLD OFF THE PLAN

This property is subject to being available at time of your enquiry.

For SALE: $653,000

KAYE TILLEY
0418 823 046