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116 Dangar Street Armidale, NSW 2350

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116 Dangar Street,
Armidale, NSW 2350

Shops & Retail • Showrooms & Large Format Retail

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$900,000

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Map of 116 Dangar Street

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CBD Freehold Large Format Retail Investment.

Anchored by national tenant Sports Power (over 80% of the income).
Sports Power: recent 3 year lease to December 19, at this location since October 2006.
Established retail brand since 1985 boasting over 130 stores nationwide.
Balance leased to Get Stitched, Armidale's largest quilting & patchwork store.
Armidale: major inland city & administrative centre for the Northern Tablelands region.
Strong resident population of 29,869 generating $1.25 billion in GRP.
Strategically location half way between Sydney and Brisbane, only 2 hours from the coast.
Generous 974 sqm high exposure main street position with large council carpark at rear.
Superb retail location surrounded by supporting national brands.
Net Income: $90,599 pa + GST.

Property ID: 502121210Last Updated: 26 Dec 2016

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04511010...
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116 Dangar Street
Armidale, NSW 2350
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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