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.
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