Bonus Land for Future Development
Prime CBD 4,891 sqm corner
Substantial 2,278 sqm building
Valuable on-site parking for 52 vehicles
+ Fully leased to Government and Medical tenants, Department of Education, Skills and Employment, GP, Dentist, Local Member & Home Nursing
+ Armidale: important inland City home to 30,707 residents
+ Central CBD location and long history of 100% occupancy
+ Includes 800 sqm of surplus land for additional development (STCA)
Net Income: $378,771 pa + GST
For Immediate Sale
Indicative Price: $5,000,000 (Circa 7.5% Net Yield)