147 Faulkner St, Armidale is a 1 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 773m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom House sold in Armidale in the last 12 months.
Prominently positioned on the edge of Armidale's CBD with frontage to both Barney and Faulkner Streets, the former Masonic Lodge Hall represents an exceptional opportunity to secure a versatile commercial building in a tightly held precinct. Offering scope for a range of future uses, the property combines historic character with modern functionality.The single-level brick building covers a floor area of approximately 520m on a 919m site. Its layout incorporates 2 open-plan areas: one currently configured as office space with air-conditioning and the other as a theatre, reception areas, communal kitchen, staff amenities, bathroom facilities (including disabled), and a delivery/loading dock. Separate entrances to both Barney and Faulkner Sts and dual NBN fiber to the premises connections allow configuration as 2 separate entities or combination as one. Current leasing arrangements generate an estimated rental return of $85,000 per annum, demonstrating the property's appeal as an investment.High ceilings throughout create a sense of scale, with the potential to introduce a mezzanine floor to increase usable area. The property is supported by 3 off street carpark spaces and confirmed credits for 80 on-street car parking spaces. Rear loading access further enhances functionality for a wide range of commercial uses.Surrounded by professional services, medical practices, motels, and directly opposite Central Park, the site offers both visibility and accessibility. Its position within walking distance of the post office, retail, government offices, and hospitality venues underpins its strength as a long-term commercial holding.With a strong rental return and scope for future redevelopment, this is a rare opportunity to acquire a high-profile CBD property in the heart of Armidale.Disclaimer: We have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
The size of Armidale is approximately 268.8 square kilometres. There are 41 parks, covering nearly 2.3% of the 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 13,867 properties. Over the last 5 years, Houses in Armidale have seen a 80.51% increase in median value, while Units have seen a 80.96% increase. As at 31 August 2026:
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