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 po...
New 6 Year Lease + Options to 2039
Prime Main Road CBD Location Modern KFC with drive through and 27 car spaces. Strategic 1,971sqm site. Catchment population exceeding 24,000. Administrative centre of Northern Tablelands. Armidale - home to University of New England. Annual CPI rent reviews. Net Income: $178,535pa + GST.
For sale in Burgess Rawson Portfolio Auction 84 on:
Tuesday 29 October 2013 at 2:00pm AEDT Mezzanine Level 50 Margaret Street, Sydney
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Simon Staddon 0413 640 851 firstname.lastname@example.org
Dan Murphy's & Dick Smith - Double Income Double Security Dan Murphy's 15 year lease plus 40 years of options to April 2066. Dick Smith 10 year lease plus 15 years of options to Jan 2036. Both tenants pay increases in outgoings. City centre main street prominence neighbouring Coles, Kmart, Woolworths, Big W plus numerous specialty shops & services. Quality updated air conditioned building of 2,000 sqm plus 90 car spaces. Armidale: A major regional city with a growing population of 24,105 (ABS 2011) and an estimated catchment of 115,000. Significant education base, both multiple state and exclusive schools plus highly regarded University of New E...
Blue Chip Bank Investment. Renewed 5 Year Lease. 100% leased to Commonwealth Bank. CBA lease to Nov. 2019 + option to 2024. Well presented 273.8sqm building completed 2004. Strategic position in heart of Armidale CBD. Purpose built for CBA following relocation. City of 25,000 population servicing "New England" Region. Annual 3% increases. Tenant pays all outgoings, as per lease. Net Income: $117,144 pa + GST.
Auction 2pm AEDT Tuesday 24 February 50 Margaret Street Sydney
Simon Staddon 0413 640 851
CO AGENT The Professionals Armidale John Sewell 0429 075 001
Outstanding Investment - Totally Refurbished
Long Lease Plus Options Secure 6 year lease to Feb. 2019 plus 3 x 5 year options Leased to subsidiary of Fairfax Media, ASX listed company Long term tenant in these premises Potential for future ground floor retail use 26,000 + population with growing educational, medical, retail, agricultural and tourism industries Central location close to banks, post office and major retailers On site parking plus extra storage building Single tenanted easily managed investment Extensively refurbished Appealing investor price bracket Net Income: $83,396 pa + GST
For Sale by Private Treaty Indicative Asking Price $885,000