93 Faulkner Street,
Armidale, NSW 2350
Offices
Price information
Sale
Price range $1,200,000.00 – 1,300,000.00
Under Contract
Key property information
Floor area
Private inspections
to arrange a private inspection.
Map of 93 Faulkner Street
Train stations within 5 km of 93 Faulkner Street, Armidale, NSW 2350 Distance Armidale Station 1.5 km POWERED BY HERE ©Bus stops within 5 km of 93 Faulkner Street, Armidale, NSW 2350 Distance Faulkner St Opp Beardy St 73 m Armidale 189 m O'Connor College, Kirkwood St 1.2 km Donnelly St Before O'Dell St 1.3 km Armidale Station, Coach Bay 1.3 km POWERED BY HERE ©
POWERED BY HERE ©
Commercial Opportunity
93 Faulkner Street is a two-level commercial office building, with the ground level offering a mix of retail and office space, the first floor is predominately office space.
The property is prominently positioned opposite the intersection of Faulkner and Moore streets, diagonally opposite the Armidale police station and only half a block from the post office.
This multi tenanted asset provides a diverse income stream from long established occupants including a beauty salon, consulting engineers, other professional businesses.
The property projects a potential gross income of $130,000.00 pa (based on 100% occupancy at reviewed rents) providing a unique opportunity for owner occupiers or an astute investor to reposition the asset for future capital gains.
Property Highlights:
• Centrally located
• Building area approximately 1,100m2 (combined both levels)
• 17 individual suites
• Mixed tenancies
• Room for higher returns
• Opportunity for owner occupiers to secure their corporate headquarters, or investors to re-let or reposition at market reversions /or a combination of both.
The property is prominently positioned opposite the intersection of Faulkner and Moore streets, diagonally opposite the Armidale police station and only half a block from the post office.
This multi tenanted asset provides a diverse income stream from long established occupants including a beauty salon, consulting engineers, other professional businesses.
The property projects a potential gross income of $130,000.00 pa (based on 100% occupancy at reviewed rents) providing a unique opportunity for owner occupiers or an astute investor to reposition the asset for future capital gains.
Property Highlights:
• Centrally located
• Building area approximately 1,100m2 (combined both levels)
• 17 individual suites
• Mixed tenancies
• Room for higher returns
• Opportunity for owner occupiers to secure their corporate headquarters, or investors to re-let or reposition at market reversions /or a combination of both.
Property ID: 504427532Last Updated: 14 Mar 2024
04091500...
93 Faulkner Street
Armidale, NSW 2350
Professionals - Armidale172 Beardy Street
ARMIDALE, NSW 2350
ARMIDALE, NSW 2350
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