135 Beardy Street Armidale NSW 2350

Offices
897 m²
Sold

CBD Accounting Tenant Investment - 7.5%-8% Yield Anticipated

Burgess Rawson is pleased to offer to market 135 Beardy Street, Armidale NSW for sale via Expression of Interest.

The property has the following key investment highlights:

+ Lease to long established accounting firm to 2027 + options to 2037
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax (single holding)
+ Roberts + Morrow: long 70+ year history, boasting 7 locations**
+ Guaranteed rental growth, fixed 3% annual increases
+ Prime location in Armidale CBD located in the main professional, medical and government strip
+ Armidale, historic capital of the wealthy New England High Country supporting population of circa 30,000 residents & growing^
+ Substantial 569 sqm freehold landholding near Coles Shopping Centre, Post Office & Council car park
+ Commanding 896.5 sqm building offering impressive and extensive commercial fitout + basement parking for 10 cars
+ Net Income $210,910 pa* + GST

To be sold by Expressions of Interest with Offers Closing Thursday 4 April at 4:00pm AEDT (unless sold prior).

Please contact the exclusively appointed sales team for more information.

*Approx
**rm.net.au
^profile.id.com.au