Affordable Freehold Retail Investment
182-184 Beardy Street , Armidale NSW
Property Highlights
High Yielding
Circa 8.5% Guide
Strategic CBD location
Description
Strategic CBD position in growth centre of Armidale
80% of income secured by established Real Estate Agency
Fully leased with anchor tenant to Nov. 2024 + opts. to 2034
Armidale, an economically diverse & sophisticated urban centre – capital of New England (pop. 30,594)
Popular Armidale Pedestrian Mall location with rear lane access
Substantial triple fronted retail/commercial building
Large 832 sqm landholding with 20 valuable on site car parking spaces
Net lease, tenant pay outgoings (incl. management fees), as per lease
Guaranteed rental growth, fixed 3% annual rental increases
Auction
11am AEST Tuesday 6 August 2019
Doltone House Hyde Park, Sydney
Net Income
$126,159 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Commercial
Land Size
832 SQM
Building Area
1 SQM