6/206 Beardy Street, Armidale
SOLID INVESTMENT PROPERTY Retail - Shop - Property ID: 851288
Professionals Armidale are please to offer the astute investor a unique investment opportunity!
Shop 6, 206 Beardy Street has been occupied by the "Courtney's Jewellers" business for the past 30+ years, with Courtney's being the original tenant from the opening of the Corner Complex in 1984.
The building is currently occupied under a three-year lease, expiring April 2018, with a further 3-year option, and offers a solid return of 7.7%.
With 69 square metres, rear access and uniform dimensions, this is a site which would suit a multitude of occupants, from retail to professional services.
Priced to sell at $255,000. Contact John Sewell today on 0429 075 001 to inspect.