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116 Dangar Street
Metz NSW 2350
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Sold on 25 Oct 2016

116 Dangar Street Metz NSW 2350

  • Shop & Retail
  • 974 m²
  • Sold, $900,000

CBD Freehold Large Format Retail Investment.

Anchored by national tenant Sports Power (over 80% of the income).
Sports Power: recent 3 year lease to December 19, at this location since October 2006.
Established retail brand since 1985 boasting over 130 stores nationwide.
Balance leased to Get Stitched, Armidale's largest quilting & patchwork store.
Armidale: major inland city & administrative centre for the Northern Tablelands region.
Strong resident population of 29,869 generating $1.25 billion in GRP.
Strategically location half way between Sydney and Brisbane, only 2 hours from the coast.
Generous 974 sqm high exposure main street position with large council carpark at rear.
Superb retail location surrounded by supporting national brands.
Net Income: $90,599 pa + GST.

AUCTION

Auction date and time25/10/2016 11:00
Auction locationDoltone House Hyde Park

Property Highlights

Date Sold25 Oct 2016
Sold Price$900,000
Floor AreaAsk Agent
Land Area974 m²
ParkingAsk Agent
Property ID2013083560
Category
Last updated  25 Oct 2016
Map for 116 Dangar Street Metz NSW 2350

Nearest transport* to 116 Dangar Street Metz NSW 2350

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Property Highlights

Date Sold25 Oct 2016
Sold Price$900,000
Floor AreaAsk Agent
Land Area974 m²
ParkingAsk Agent
Property ID2013083560
Category
Last updated  25 Oct 2016

Listed by

Rhys Parker
Rhys Parker
Burgess Rawson Sydney
Call
0451 101 042

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