188-192 Beardy Street,
Armidale, NSW 2350
Shops & Retail • Offices • Medical & Consulting
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Professionals - Armidale
172 Beardy StreetARMIDALE, NSW 2350
188-192 Beardy Street
Armidale, NSW 2350
Map of 188-192 Beardy Street
National Anchored Brands | 8.5%-9% Yield Anticipated
- 10 Shops & First Floor Serviced Office
- Predominantly 3 to 5 year leases
- Epicentre of Busy CBD Mall
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
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
Property ID: 504268904Last Updated: 7 Feb 2024
Professionals - Armidale172 Beardy Street
ARMIDALE, NSW 2350
ARMIDALE, NSW 2350
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.