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93 Faulkner Street
Armidale NSW 2350
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Sold on 6 May 2024

93 Faulkner Street Armidale NSW 2350

  • Offices
  • 1,100 m²
  • Sold

Commercial Opportunity

  • Two-level commercial office building

93 Faulkner Street is a two-level commercial office building, with the ground level offering a mix of retail and office space, the first floor is predominately office space.

The property is prominently positioned opposite the intersection of Faulkner and Moore streets, diagonally opposite the Armidale police station and only half a block from the post office.

This multi tenanted asset provides a diverse income stream from long established occupants including a beauty salon, consulting engineers, other professional businesses.

The property projects a potential gross income of $130,000.00 pa (based on 100% occupancy at reviewed rents) providing a unique opportunity for owner occupiers or an astute investor to reposition the asset for future capital gains.
Property Highlights:
Centrally located
Building area approximately 1,100m2 (combined both levels)
17 individual suites
Mixed tenancies
Room for higher returns
Opportunity for owner occupiers to secure their corporate headquarters, or investors to re-let or reposition at market reversions /or a combination of both.

Professionals Armidale
Professionals Armidale
172 Beardy Street
Armidale, NSW 2350

Property Highlights

Date Sold6 May 2024
Floor Area1,100 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingAsk Agent
Property ID2018796188
Category
Last updated  6 May 2024
Map for 93 Faulkner Street Armidale NSW 2350

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Professionals Armidale
Professionals Armidale
172 Beardy Street
Armidale, NSW 2350

Property Highlights

Date Sold6 May 2024
Floor Area1,100 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingAsk Agent
Property ID2018796188
Category
Last updated  6 May 2024

Listed by

Stephen Ramage
Professionals Armidale
Call
0409 150 075

More about 93 Faulkner Street Armidale NSW 2350

93 Faulkner Street Armidale NSW 2350 is categorized as Office. It has a floor area of 1,100 m². The listing ID for this property is 2018796188.

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