107 Dangar Street, Armidale
Blue Chip Bank Investment. Renewed 5 Year Lease. Retail - Shop - Property ID: 774007
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 Stadden Burgess Rawson
0413 640 851