National Anchored Brands | 8.5%-9% Yield Anticipated

Burgess Rawson and Professionals Armidale are pleased to offer to market this thriving retail & office investment at 188-192 Beardy Street, Armidale NSW for sale via private treaty.

The property has the following investment highlights:

+ 10 shops and first floor serviced office immaculately fitted-out on new 3 year lease
+ Predominantly 3 to 5 year leases plus options over the shops
+ Diverse lease terms reducing vacancy risk
+ Long occupancy history with local and national occupants, including Hello World Travel (250+ locations) and Aruma (55+ locations)
+ Epicentre of busy CBD pedestrian mall, receiving large volumes of foot traffic
+ Prime CBD location surrounded by supporting national brands
+ Armidale: one of NSW’s strongest regional economies with a growing population of nearly 30,000 people
+ Net Income: $274,588 pa* + GST (fully leased)

To be sold by Private Treaty.

Indicative Price: $3,000,000 (Circa 9.1% Yield)

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx