Prime Auto Investment with Corporate Leases – Armidale’s Most Sought After Retail Position

250 beardy street, armidale nsw

Price on Request

  • 10 & 7 year leases to 2021
  • Highly exposed 1,871 sqm corner
  • Net Income: $167,542 pa + GST

Property Details

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

Featured Details

Current Tenant Tenanted
Gross Building Area 1871 sqm
Land Size 1,871 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: QLD000539

Thank you for showing interest in us.

Contact Details

Office Details

Level 24, 324 Queen Street, Brisbane QLD 4001

T 07 3220 3611 E brisbane@burgessrawson.com.au

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