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
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
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: 19 Dec 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Professionals - Armidale172 Beardy Street
ARMIDALE, NSW 2350
ARMIDALE, NSW 2350
More properties from Burgess Rawson - Sydney
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
151 Rusden Street,Armidale, NSW 2350 1200 m²Shops & Retail • Showrooms & Large Format Retail
Contact Agent
Shop 3 & 4/26-28 Moore Street,Armidale, NSW 2350 209 m²Offices • Shops & Retail • Medical & Consulting