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91 & 97-101 Faulkner Street Armidale, NSW 2350

91 & 97-101 Faulkner Street,
Armidale, NSW 2350

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Diverse Investment With Instant Rental Growth Potential

  • Net Income $256,070.07 (approx.)
  • Anchored by Greater Bank & Elders Rural
  • Separate Car Parking & Storage Facility
The subject properties are located on the eastern side of Faulkner Street within the commercial core of Armidale. The properties comprise a three storey commercial office building with a separate freestanding parking and storage facility. The properties are being offered in-one-line.

91 Faulkner Street is a two storey secure storage and parking facility. The ground floor features a small monitoring and security room and 26 undercover car parks with access by an automated roller door on Woodward Street, which is a back street leading to the Coles car park. The first floor contains 44 storage units ranging in size, amenities and a brick bunker room.

97-101 Faulkner street comprises a three storey office building. The building has a total floor area of approximately 2,256 square metres, which is made up of six tenancies.

- Net Income $256,070.07 per annum (approx.)
- Building area - 1,813.2sqm (approx.)
- Site area - 1,738.2sqm (approx.)
- Anchored by Greater Bank & Elders Rural Services
- Separate Car Parking and Storage Facility
- 4 Star NABERS energy rating
- Zoned - B3 Commercial Core under Armidale Durmeresq Local Environmental Plan 2012.

For Sale - $2,950,000

(NA2018)

Property ID: 502705654Last Updated: 31 Aug 2018

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91 & 97-101 Faulkner Street
Armidale, NSW 2350
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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