173 Rusden StreetArmidale NSW 2350
Property Details for 173 Rusden St, Armidale
Last Listing description (November 2018)
Ray White Commercial GC South is pleased to offer for sale by Auction 173 Rusden Street, Armidale on 5th September 2018. This property is a single tenant, freestanding freehold showroom/warehouse positioned on a 1,600sqm* site, located in the Armidale town centre.
The showroom is 300m * featuring a reception area, office, toilet amenities and mezzanine storage
Detached and positioned at the rear of the site is a 286m * warehouse with office provisions
Leased to Cetnaj, a national tenant on a 5 year lease due to expire in 2021 with a net annual income of $88,655*
The property is well located in the heart of Armidale and in close proximity to the Armidale Central Shopping Centre, TAFE campus and retail arcade.
Please contact Brad Duncalfe on 0419 641 058 to discuss this opportunity
*Approximately
Property History for 173 Rusden St, Armidale, NSW 2350
- 05 Sep 2018Sold for $930,000
- 08 Aug 2018Listed for Sale AUCTION
- 04 Jul 2016Sold
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0About Armidale 2350
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 13,877 properties. Over the last 5 years, Houses in Armidale have seen a 78.69% increase in median value, while Units have seen a 83.12% increase. As at 31 July 2026:
- The median value for Houses in Armidale is $627,129 while the median value for Units is $442,333.
- Houses have a median rent of $510 while Units have a median rent of $370.
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