HIGH PROFILE COMMERCIAL BUILDING
Featuring a prominent location in the Armidale CBD, with 2 street frontages, this high profile commercial building is seeking a new owner. The multiple long-term tenancies in place from well established local business's with differing clients, 'Robertson House' offers the successful purchaser a steady and reliable income stream. Some of the features of this prized listing includes;
- Significant retail and commercial space with separate tenancies.
- Prime CBD locale, excellent access in the cafe precinct of the main mall.
- Opportunity to add value through minor updating and adding further tenancies.
- Currently grossing $110,000 income per annum (approx.), with low outgoings.
- 8 existing tenants with varying lease terms.
- Street frontage on Moore Street opposite the Police precinct.
The current owners have reluctantly decided to offer this property to persue other interests. This is a quality building that would suit any high yielding portfolio. For a full information memorandum, contact Michael Singleton on 0434714788 today.
Property ID 17807685
Rates $10410 Yearly