Laing & Simmons are proud to present the sale of a blue-chip commercial space near the Armidale CBD. Tenanted until 30th June 2024, look forward to an instant yield, with $5,411.01 inc GST per month rent received. A CPI increase is also scheduled for 1st July 2023 and the current leaseholders have the option to renew for a further 3 years.
Constructed from solid double brick, the premises spans two levels and covers a generous 220 m2 ground floor and 100 m2 top floor footprint. Features include:
Ground floor amenities:
First floor amenities:
- 1 x private office
- 2 x shared offices
- 1 x storeroom
Additional amenities:
- NBN connection
- Ducted air-conditioning
- 5 designated car parks
Perched in a prime position, on the corner of Taylor St and Beardy St, it's a landmark address close to established businesses and a thriving retail hub that includes Armidale Plaza. Elevate your investment portfolio and secure your future with a lucrative asset that will generate immediate returns. Don't delay, arrange an inspection today.
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. 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 13,807 properties. Over the last 5 years, Houses in Armidale have seen a 67.13% increase in median value, while Units have seen a 37.77% increase. As at 31 December 2025:
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