188 Beardy Street, Armidale, NSW 2350 | Property Value & History | OnTheHouse
 
OFF MARKET

188 Beardy Street
Armidale NSW 2350

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Bathrooms: -
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Land area: 1967m2
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Property Details for 188 Beardy St, Armidale

Building Type
Commercial
Land Size
1967m2
Local Government
Armidale Regional
Lot/Plan
2/SP91382

Last Listing description (April 2023)

Burgess Rawson and Professionals Armidale are pleased to offer to market this thriving retail & office investment at 188-192 Beardy Street, Armidale NSW for sale via private treaty.

The property has the following investment highlights:

+ 10 shops and first floor serviced office immaculately fitted-out on new 3 year lease

+ Predominantly 3 to 5 year leases plus options over the shops
+ Diverse lease terms reducing vacancy risk
+ Long occupancy history with local and national occupants, including Hello World Travel (250+ locations) and Aruma (55+ locations)
+ Epicentre of busy CBD pedestrian mall, receiving large volumes of foot traffic
+ Prime CBD location surrounded by supporting national brands
+ Armidale: one of NSW's strongest regional economies with a growing population of nearly 30,000 people
+ Net Income: $274,588 pa* + GST (fully leased)

To be sold by Private Treaty.

Indicative Price: $3,000,000 (Circa 9.1% Yield)

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx

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Property History for 188 Beardy St, Armidale, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$2,835,000
05 Apr 2023
Listed for Rent
$719/w
22 Jun 2022
  • 05 Apr 2023
    Sold for $2,835,000
  • 02 Mar 2023
    Listed for Sale Contact Agent
  • 08 Jun 2021
    Listed for Rent $39,375 / year
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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 13,815 properties. Over the last 5 years, Houses in Armidale have seen a 68.36% increase in median value, while Units have seen a 35.48% increase. As at 31 January 2026:

  • The median value for Houses in Armidale is $598,218 while the median value for Units is $331,240.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 42 properties listed for sale, and 10 properties listed for rent in Armidale on OnTheHouse. According to Cotality's data, 775 properties were sold in the past 12 months in Armidale.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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