4/206 Beardy StreetArmidale NSW 2350
Property Details for 4/206 Beardy St, Armidale
Last Listing description (February 2025)
A national tenant showing returns of 8.5%.
Current commercial lease is $33,000 plus GST.
Located in the heart of the Central business district of the thriving regional town of Armidale is this commercial shop currently leased by the national company Flight Centre. There is a new 3x3 year lease with increases built into lease showing an excellent set and forget return for the savvy investor. The shop has had excellent tenants for 20 plus years and now is an amazing opportunity for another investor or managed super fund to acquire this asset.
Property History for 4/206 Beardy St, Armidale, NSW 2350
- 11 Feb 2025Sold for $390,000
- 03 May 2024Listed for Sale $395,000 Price Guide
- 23 May 2011Sold for $267,000
Recent sales nearby
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0About 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 13,819 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.
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