6 Moore Street, Armidale, NSW 2350 | Commercial for sale | OnTheHouse
FOR SALE
$150,000

6 Moore Street
Armidale NSW 2350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 160m2
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Profitable Dry Cleaning Business

With interest rates starting to fall, there’s never been a better time to invest! This business is now 10% off its original price, making it the perfect opportunity for anyone looking to start or expand their entrepreneurial journey. Don't miss out on this incredible value!
Operating as both a drycleaners and embroidery, McMahons has two great revenue streams that work seamlessly together and offer great cashflow security.
As the sole dry cleaning business in Armidale, McMahons enjoys servicing a large area with zero competitors, with the nearest located in Tamworth (1.5 hours south) and Warwick (3.5 hours north). Located in a cool climate town, there is a large need for the dry cleaning of winter garments throughout the year, as well as servicing the numerous school & university functions. With agents in Walcha, Uralla, Glen Innes & Inverell, the service radius of this business is drastically improved with little additional overheads.
The addition of the embroidery 20 years ago was a great addon to the business, building off the existing relationships with the private schools & the university. These clients create a great foundation for this facet of the business. The embroidery still leaves plenty of room for a new owner to expand with the ability to promote online further.
With little to no current marketing, the steady growth this business has shown is a testament to the demand in the market, but also shows great potential for the new owner to promote and build it’s revenue, particularly that of the embroidery.
This business is a great opportunity for someone looking to be their own boss and walk into an already profitable business.
For more information, please contact Matthew Velcich (0437 015 018).
Disclaimer: All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

Property Details for 6 Moore St, Armidale

Building Type
Commercial
Floor Size
160m2
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About Armidale 2350

The size of Armidale is approximately 268.8 square kilometres. It has 41 parks covering nearly 2.3% of total area. The population of Armidale in 2016 was 23352 people. By 2021 the population was 23967 showing a population growth of 2.6% in the area during that time. The predominant age group in Armidale is 20-29 years. Households in Armidale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Armidale work in a professional occupation.In 2021, 59.20% of the homes in Armidale were owner-occupied compared with 57.70% in 2016.

Armidale has 13,809 properties. Over the last 5 years, Houses in Armidale have seen a 63.83% increase in median value, while Units have seen a 37.04% increase. As at 30 November 2025:

  • The median value for Houses in Armidale is $566,965 while the median value for Units is $316,919.
  • Houses have a median rent of $475 while Units have a median rent of $350.
There are currently 46 properties listed for sale, and 20 properties listed for rent in Armidale on OnTheHouse. According to Cotality's data, 723 properties were sold in the past 12 months in Armidale.

Suburb Insights for Armidale 2350

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Matthew Velcich
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.