Prime Armidale Investment
151 Rusden Street , Armidale NSW
Property Highlights
Two x 10 year leases to strong tenants
CBD location opposite Dan Murphy's
Rare Free Standing Building
Description
Pets Domain: 10 year lease to 2030, guaranteed by Head Office, plus 3 x 5 year options to 2045
Inter Sport: Renewed 10 year lease to 2031 plus 4 x 5 year options to 2051
Pets Domain, strong trading chain national chain of 49 large format pet stores
Inter Sport, the worlds largest chain of sports stores
Strategic location sharing a car park with Dan Murphy’s, Repco, Priceline Pharmacy, Barbecues Galore and other leading traders
Significant education base, both multiple state and exclusive schools plus highly regarded University of New England
Armidale: major inland city with a population of over 29,700 & a catchment area of over 120,000
2.5% & CPI annual increases
Net Income: $205,451 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
1,356 SQM
Building Area
1,200 SQM