SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

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
Gross Building Area
1 SQM

Contact Agents

Rhys Parker

0451 101 042

Simon Staddon

0413 640 851

Request Information

Stay up to date with our latest portfolio auctions & insights