18 Rockvale RoadArmidale NSW 2350
Property Details for 18 Rockvale Rd, Armidale
18 Rockvale Rd, Armidale is a 5 bedroom, 2 bathroom House. The property has a land size of 925m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (July 2023)
Welcome to 18 Rockvale Road, Armidale.
These well known premises have a long history as a medical centre and an allied health clinic.
Being located in an exceptional position in North Armidale with quick access to the airport and the highway makes the centre easy to access for regional patients.
This property is currently leased by three separate tenants showing an excellent rental income.
18 Rockvale Road offers:
5 professional consultation rooms with hand basin
Reception counter and office
Staff tearoom
Staff WC
Disability toilet
2 separate waiting rooms
Wheelchair access back and front
10 parking bays
1 disabled parking
The building consists of 2 units which can be operated jointly or separately.
The front practice in unit 1 occupies the majority of the building and is currently returning $26,759.64 pa
There are two smaller practices in unit 2 with their own private entrance and both tenants are paying $7200.00 pa.
The total rental income on this property is $41,159.64
The car park has been resealed and new floor covers put dawn in unit 1. The property is in excellent condition with nothing for the new owner to do.
Total land size is 910.5m2 with minimal ongoing maintenance
This is a unique offering with secure long-term professional tenants. Properties like this are certainly rare to the market.
If you see your opportunity in this going concern, arrange a private inspection with Jeremy Creagan on 0401 508 801.
*All information contained here is gathered from sources that we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*
Property History for 18 Rockvale Rd, Armidale, NSW 2350
- 07 Jul 2023Sold for $618,200
- 28 Apr 2023Listed for Sale $540,000 - $590,000 Price Guide plus GST
- 22 May 2019Sold for $315,000
Recent sales nearby
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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 13,873 properties. Over the last 5 years, Houses in Armidale have seen a 83.67% increase in median value, while Units have seen a 86.87% increase. As at 30 June 2026:
- The median value for Houses in Armidale is $644,001 while the median value for Units is $434,042.
- Houses have a median rent of $510 while Units have a median rent of $370.
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