Colliers is thrilled to introduce an outstanding development opportunity at 12 Ben Venue Boulevarde, Armidale. The property sits on a massive 61,940sqm* site zoned R1 General Residential, offering a great potential for subdivision development.
Armidale is a thriving regional town situated in the northern tablelands of New South Wales, and it's the hub for education, commerce, and health, making it a highly attractive destination for residents and families. The University of New England is located in Armidale, which is recognised as one of Australia's leading regional universities, renowned for its excellence in education and research.
Armidale's population is steadily increasing, with approximately 30,000 residents. The town is projected to experience further growth in the coming years, indicative of its positive economic and social environment, along with a focus on growth and development.
Development Highlights:
- Concept subdivision plan for 48 residential lots
- Minimum lot size of 500m² that may allow for higher lot yield (STCA)
- 61,940sqm site adjoining existing residential, setting a good precedent for development
- Highly attractive regional town with The University of New England nearby, one of Australia's leading regional universities
- Home to the first public "super school" for regional NSW, Armidale Secondary College ($121 million development)
- Thriving local amenity with retail such as Armidale Central and other popular destinations for locals and visitors
For more information, please contact the selling agents.
Nick Estephen - 0488 748 186
Thomas Mosca - 0423 086 593
Remember to mention you found this property on DevelopmentReady
