Seize this exceptional opportunity to acquire a versatile, mixed-use property in the heart of Armidale's CBD.
Key Features:
- Dual commercial tenancies The ground floor is currently home to a popular local coffee shop and a well-established fitness studio, ensuring steady foot traffic and reliable rental returns.
- Two residential units Upstairs features two, two-bedroom apartments, each designed for comfortable living with bright, north-facing living areas. Both units are fully leased, providing immediate income.
- Prime location Situated in a high-visibility, central position, this property benefits from excellent exposure, strong tenant demand, and proximity to key amenities.
- Stable income stream With all four tenancies currently leased, the property generates a total annual income of $54,742.00 (GST exclusive), making it a secure investment with great potential for future value appreciation.
An Outstanding Investment Opportunity
Whether you're looking to expand your investment portfolio or secure a strategic commercial and residential asset, 230 Beardy Street presents a rare chance to own a commercial property in a sought-after location.
Don't miss out on this fantastic opportunity! Contact Stephen Ramage today for further information or to arrange a private inspection.
For Auction
Date of Auction - Friday 2nd May 2025
Time: 4pm at Professionals Office, 172 Beardy Street Armidale.