Safe Government/Medical Investment
175 Rusden Street , Armidale NSW
Property Highlights
Prime CBD 4,891 sqm corner
Central CBD location
52 car spaces
Description
Bonus Land for Future Development
Prime CBD 4,891 sqm corner
Substantial 2,278 sqm building
Valuable on-site parking for 52 vehicles
+ Fully leased to Government and Medical tenants, Department of Education, Skills and Employment, GP, Dentist, Local Member & Home Nursing
+ Armidale: important inland City home to 30,707 residents
+ Central CBD location and long history of 100% occupancy
+ Includes 800 sqm of surplus land for additional development (STCA)
Net Income: $378,771 pa + GST
For Immediate Sale
Indicative Price: $5,000,000 (Circa 7.5% Net Yield)
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
4,891 SQM
Building Area
2,278 SQM