Prime Auto Investment with Corporate Leases – Armidale’s Most Sought After Retail Position
250 Beardy Street, Armidale NSW
Property Highlights
Description
10 & 7 year leases to 2021 with options to 2025
Autobarn: 125 Stores Australia Wide and part of Bapcor Ltd – ASX Listed Automotive retail giant with 3,800 employees and over 800 locations worldwide
Midas Car Service: 88 locations Australia wide with over 40 years experience
100% of outgoings payable by tenants (including land tax)
Highly exposed 1,871 sqm corner allotment with significant exposure to passing traffic and seamless integration with adjoining Shopping Centre
Directly Opposite the Vicinity Owned, Armidale Central Shopping Centre – 2 Level Sub Regional Centre anchored by Woolworths & Big W with 25 Specialties
Armidale: strong regional NSW location midway between Brisbane and Sydney: Population 25,000
Income Security: Bank Guarantees in place – 3 months rent + GST
Easily managed dual income investment
Net Income: $170,892 pa + GST (As at July 2018)
Auction 11am Tuesday 19 June 2018
Doletone House Hyde Park, 181 Elizabeth Street, Sydney
Property Details
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