Skip to main content
SearchBack to results
Sold on 25 Nov 2021

168-174 Miller Street Armidale NSW 2350

  • Showrooms / Bulky Goods
  • 1,928 m²
  • Sold

Premium Large Format Retail Investment Renewed Lease Term

  • Renewed 5 Year Lease to National Tenant
  • Tenant in Occupation for 15+ years
  • Net Income $228,969 + GST

Cushman & Wakefield is pleased to present to the market 168-174 Miller Street, Armidale for Sale via Auction.

The property has the following key characteristics:

- Renewed 5 year lease to 2026 + options to 2031 (Tenant in occupation 15+ years)
- Fantastic Furniture One of Australia's largest furniture & bedding retailers with over 80 locations nationally
- Subsidiary of Steinhoff International, owner of Greenlit Brands which operates Fantastic Furniture, Freedom, Snooze, OMF & Plush Think Sofas
- Steinhoff International Dual listed in Germany & South Africa with Revenues in excess of EUR 12.9B & 130,000+ employees in over 30 countries
- Dominant 1,928 sqm purpose built freehold building within Armidale's core retail, commercial & industrial precinct
- Proven performer in occupation for more than 15 years
- Strategic position neighbouring national tenants incl. Dan Murphy's, Woolworths, Kmart, McDonald's, Aldi, Coles & Armidale Plaza Shopping Centre
- Armidale Strong NSW regional location, estimated to grow to over 38,000 people by 2041
- Net Income $228,969 + GST

The property is for sale by way of Cushman & Wakefield Investment Auction on Thursday 25 November at 11am AEDT. The Auction will be held at Doltone House Hyde Park, located on Level 3/181 Elizabeth Street, Sydney.

Prospective purchasers & interested parties will have access to remote bidding facilities in both Brisbane & Melbourne as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.

Please contact the exclusively appointed Cushman & Wakefield property professionals for more information.

Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Geoff Sinclair
Cushman & Wakefield Sydney
Geoff Sinclair
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney

Property Highlights

Property ID2017352952
Date Sold25 Nov 2021
Floor Area1,928 m²
Land Area4,241 m²
Parking21 x Onsite parkings
Building TypeWhole building
Category
Last updated  26 Nov 2021
Map for 168-174 Miller Street Armidale NSW 2350
Map for 168-174 Miller Street Armidale NSW 2350168-174 Miller Street Armidale NSW 2350
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Geoff Sinclair
Cushman & Wakefield Sydney
Geoff Sinclair
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney

Property Highlights

Property ID2017352952
Date Sold25 Nov 2021
Floor Area1,928 m²
Land Area4,241 m²
Parking21 x Onsite parkings
Building TypeWhole building
Category
Last updated  26 Nov 2021
Cushman & Wakefield Sydney
Level 22 1 O'connell Street Sydney NSW 2000
Michael Collins
Cushman & Wakefield Sydney
Michael Collins
Cushman & Wakefield Sydney
Geoff Sinclair
Cushman & Wakefield Sydney
Geoff Sinclair
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Yosh Mendis
Cushman & Wakefield Sydney
Michael Collins

Michael Collins

Cushman & Wakefield Sydney

Geoff Sinclair

Geoff Sinclair

Cushman & Wakefield Sydney

Yosh Mendis

Yosh Mendis

Cushman & Wakefield Sydney

0404 *** ***
0404 023 204

More Properties for Sale from Cushman & Wakefield Sydney

125 Lakelands Drive Dapto NSW 2530
Sold
125 lakelands drive,dapto, NSW 2530
1 m²
Shop & Retail
11-13 Coronation Avenue Pottsville NSW 2489
Sold
11-13 coronation avenue,pottsville, NSW 2489
908 m²
Shop & Retail
62-68 Memorial Avenue Woy Woy NSW 2256
Sold
62-68 memorial avenue,woy woy, NSW 2256
1 m²
Shop & Retail
Contact Agent