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188-192 Beardy Street
Metz NSW 2350
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Sold on 5 Apr 2023

188-192 Beardy Street Metz NSW 2350

  • Shop & Retail
  • 1,444 m²
  • Sold

National Anchored Brands | 8.5%-9% Yield Anticipated

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

Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold5 Apr 2023
Floor Area1,444 m²
Land Area1,228 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2018391352
Category
Last updated  17 Apr 2023
Map for 188-192 Beardy Street Metz NSW 2350

Nearest transport* to 188-192 Beardy Street Metz NSW 2350

Bus
Train
Tram
Ferry
Beardy St At Dangar St66 m
Central Beardy Mall, Faulkner St143 m
Rusden St At Dangar St157 m
St Peter's Anglican Cathedral, Rusden St176 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold5 Apr 2023
Floor Area1,444 m²
Land Area1,228 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2018391352
Category
Last updated  17 Apr 2023

Co-Agents

Darren Beehag
Darren Beehag
Burgess Rawson Sydney
Call
0411 226 223
Rhys Parker
Rhys Parker
Burgess Rawson Sydney
Call
0451 101 042
Flynn McFall
Flynn McFall
Burgess Rawson Sydney
Call
0481 187 191
Stephen Ramage
Stephen Ramage
Professionals Armidale
Call
0409 150 075

More about 188-192 Beardy Street Metz NSW 2350

188-192 Beardy Street Metz NSW 2350 is categorized as Shop & Retail Property. It has a floor area of 1,444 m² and a land area of 1,228 m². The listing ID for this property is 2018391352.

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