Lot 108 Cliffdale Place, Kootingal, Nsw, 2352

Seize​ ​this​ ​outstanding​ ​opportunity​ ​to​ ​invest​ ​in​ ​high-growth​ ​regional​ ​locations​ ​with​ ​strong​ ​rental​ ​returns​ ​and​ ​low​ ​vacancy​ ​rates.​ ​Tamworth's​ ​strategic​ ​location​ ​along​ ​one​ ​of​ ​Australia's​ ​most​ ​vital​ ​economic​ ​corridors​ ​(between​ ​Sydney​ ​and​ ​Brisbane​ ​and​ ​in​ ​close​ ​proximity​ ​to​ ​several​ ​major​ ​ports)​ ​is​ ​a​ ​key​ ​advantage.

Market​ ​Insights

​ ​The​ ​Tamworth​ ​hospital​ ​is​ ​the​ ​largest​ ​healthcare​ ​facility​ ​in​ ​NSW​ ​outside​ ​the​ ​Sydney-Wollongong-Newcastle​ ​metropolis.​ ​New​ ​education​ ​projects​ ​include​ ​the​ ​planned​ ​University​ ​of​ ​New​ ​England​ ​(UNE)​ ​campus​ ​in​ ​Tamworth.
·​ ​​ ​​ ​​ ​​ ​​ ​Now,​ ​improving​ ​transport​ ​connectivity​ ​(especially​ ​the​ ​fast-growing​ ​Tamworth​ ​Regional​ ​Airport​ ​and​ ​the​ ​new​ ​rail​ ​intermodal​ ​facility​ ​at​ ​Tamworth​ ​Global​ ​Gateway​ ​Park),​ ​has​ ​paved​ ​the​ ​way​ ​to​ ​realise​ ​the​ ​full​ ​potential​ ​of​ ​this​ ​unique​ ​advantage.​ ​
·​ ​​ ​​ ​​ ​​ ​​ ​In​ ​12​ ​of​ ​the​ ​past​ ​15​ ​years​ ​(2008​ ​to​ ​2022)​ ​the​ ​population​ ​growth​ ​of​ ​Tamworth​ ​(ABS​ ​data)​ ​exceeded​ ​that​ ​of​ ​Regional​ ​NSW.​ ​Tamworth​ ​region's​ ​average​ ​population​ ​growth​ ​during​ ​this​ ​period​ ​was​ ​11%​ ​higher​ ​than​ ​that​ ​of​ ​Regional​ ​NSW.
·​ ​​ ​​ ​​ ​​ ​​ ​Nearly​ ​two​ ​thirds​ ​(61%)​ ​of​ ​Tamworth's​ ​local​ ​workers​ ​are​ ​in​ ​their​ ​prime​ ​working​ ​young​ ​age​ ​of​ ​between​ ​25​ ​to​ ​54​ ​years​ ​(ABS​ ​2021).
·​ ​​ ​​ ​​ ​​ ​​ ​As​ ​a​ ​result​ ​of​ ​its​ ​well-diversified​ ​nature​ ​(between​ ​manufacturing​ ​and​ ​services​ ​-​ ​with​ ​agriculture,​ ​food​ ​processing​ ​and​ ​healthcare​ ​among​ ​the​ ​major​ ​industries)​ ​Tamworth's​ ​economy​ ​is​ ​naturally​ ​resilient.
​ ​
Option​ ​1:​ ​Dual​ ​Occupancy​ ​in​ ​Tamworth​ ​(Kootingal)
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Land​ ​Size:​ ​704​ ​sqm​ ​(North-facing)
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Location:​ ​Close​ ​to​ ​shops,​ ​train​ ​station,​ ​and​ ​schools
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Low​ ​vacancy​ ​rate:​ ​Approx​ ​0.9%
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Strong​ ​capital​ ​growth:​ ​Approx​ ​13%​ ​median​ ​price​ ​increase​ ​
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Estimated​ ​Rental​ ​Return:​ ​Approx​ ​$830​ ​per​ ​week​ ​

Agriculture​ ​is​ ​the​ ​prime​ ​engine​ ​industry​ ​in​ ​most​ ​regional​ ​areas.​ ​Agriculture​ ​is​ ​a​ ​crucial​ ​part​ ​of​ ​Armidale's​ ​economy,​ ​with​ ​more​ ​demand​ ​expected​ ​with​ ​growing​ ​population.
·​ ​​ ​​ ​​ ​​ ​​ ​Education​ ​has​ ​been​ ​a​ ​traditional​ ​mainstay​ ​of​ ​the​ ​Armidale​ ​city​ ​economy.​ ​New​ ​England​ ​Renewable​ ​Energy​ ​Zone​ ​(REZ)​ ​is​ ​intended​ ​to​ ​have​ ​a​ ​network​ ​capacity​ ​of​ ​eight​ ​gigawatts.​ ​The​ ​New​ ​England​ ​REZ​ ​is​ ​currently​ ​the​ ​largest​ ​in​ ​Australia​ ​and​ ​is​ ​the​ ​backbone​ ​to​ ​Australia'​ ​slow​ ​carbon​ ​future.​ ​Most​ ​of​ ​the​ ​renewable​ ​energy​ ​facilities​ ​developed​ ​as​ ​part​ ​of​ ​the​ ​New​ ​England​ ​REZ​ ​are​ ​expected​ ​to​ ​be​ ​located​ ​proximate​ ​to​ ​the​ ​major​ ​transmission​ ​corridors​ ​through​ ​our​ ​region.
·​ ​​ ​​ ​​ ​​ ​​ ​There​ ​are​ ​record​ ​less​ ​number​ ​of​ ​properties​ ​for​ ​sale.​ ​There​ ​is​ ​currently​ ​40​ ​percent​ ​less​ ​properties​ ​for​ ​sale​ ​than​ ​this​ ​time​ ​5-years​ ​ago.
·​ ​​ ​​ ​​ ​​ ​​ ​Houses​ ​in​ ​Armidale​ ​rent​ ​out​ ​for​ ​around​ ​$450​ ​per​ ​week,​ ​with​ ​an​ ​annual​ ​rental​ ​yield​ ​of​ ​4.8%.
·​ ​​ ​​ ​​ ​​ ​​ ​Armidale​ ​is​ ​a​ ​university​ ​town​ ​with​ ​a​ ​large​ ​student​ ​population,​ ​which​ ​can​ ​contribute​ ​to​ ​rental​ ​demand.​ ​
·​ ​​ ​​ ​​ ​​ ​​ ​"Smart​ ​Property​ ​Investment​ ​Fast​ ​50"​ ​ranking:​ ​Armidale​ ​was​ ​recently​ ​one​ ​of​ ​four​ ​NSW​ ​suburbs​ ​named​ ​in​ ​the​ ​highly​ ​coveted​ ​Smart​ ​Property​ ​Investment​ ​Fast​ ​50​ ​ranking​ ​for​ ​2024.​ ​
·​ ​​ ​​ ​​ ​​ ​​ ​Premium​ ​Market:​ ​¨Armidale​ ​and​ ​Liverpool​ ​Plains​ ​established​ ​themselves​ ​as​ ​more​ ​premium​ ​markets​ ​over​ ​2024.​ ​
·​ ​​ ​​ ​​ ​​ ​​ ​Armidale​ ​has​ ​experienced​ ​a​ ​capital​ ​growth​ ​of​ ​19.08%​ ​over​ ​the​ ​past​ ​three​ ​years,​ ​including​ ​a​ ​13%​ ​increase​ ​in​ ​the​ ​last​ ​12​ ​months.​ ​This​ ​upward​ ​trend​ ​indicates​ ​a​ ​strong​ ​potential​ ​for​ ​continued​ ​capital​ ​gains​ ​in​ ​the​ ​foreseeable​ ​future.
​ ​
Option​ ​2:​ ​Dual​ ​Occupancy​ ​in​ ​Armidale
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Land​ ​Size:​ ​Large​ ​East-facing​ ​block​ ​
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Location​ ​Highlights:
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Approx​ ​5​ ​mins​ ​to​ ​the​ ​University​ ​of​ ​New​ ​England
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Approx​ ​9​ ​mins​ ​to​ ​Armidale​ ​Hospital
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Approx​ ​8​ ​mins​ ​to​ ​Armidale​ ​Airport
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Low​ ​vacancy​ ​rate:​ ​Approx​ ​2%
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Employment​ ​demand:​ ​Approx​ ​1​ ​in​ ​3​ ​residents​ ​work​ ​in​ ​health​ ​&​ ​education
​ ​
•​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​Estimated​ ​Rental​ ​Return:​ ​Approx​ ​$930​ ​per​ ​week​ ​

Disclaimer:​ ​We​ ​have​ ​been​ ​furnished​ ​with​ ​the​ ​above​ ​information;​ ​however,​ ​AB​ ​Property​ ​consultants​ ​gives​ ​no​ ​guarantees,​ ​undertakings​ ​or​ ​warnings​ ​concerning​ ​the​ ​accuracy,​ ​completeness​ ​or​ ​up-to-date​ ​nature​ ​of​ ​the​ ​information​ ​provided.​ ​All​ ​interested​ ​parties​ ​are​ ​responsible​ ​for​ ​their​ ​own​ ​independent​ ​inquiries​ ​in​ ​order​ ​to​ ​determine​ ​whether​ ​or​ ​not​ ​this​ ​information​ ​is​ ​in​ ​fact​ ​accurate.
​ ​
Please​ ​contact​ ​our​ ​TEAM​ ​AB​ ​before​ ​this​ ​is​ ​sold.

Disclaimer:
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This​ ​artist​ ​impression​ ​and​ ​computer-generated​ ​images​ ​(3D)​ ​are​ ​for​ ​illustrative​ ​purposes​ ​only.