High yield discount store in CBD location

115 Beardy Street, Armidale NSW

  • New secure lease, fast growing operator
  • High traffic position opposite Coles
  • Attractive price point
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Sold

New 5 + 5 year lease to 2032
Ten Tops - Fast growing discount retail chain, now with 8 stores
Prime CBD location next to major Coles supermarket
Strategic 1,076 sqm land holding offering dual street access
Armidale: major inland city with a population of 29,700+ and catchment area of over 120,000
Significant education base, both multiple state and exclusive schools plus highly regarded University of New England
2.5% annual increases
Net Income: $113,013 pa excl GST

For Sale by Auction
Tuesday, 7 March 2023
10:30am AEDT
Auctionworks, 50 Margaret Street, Sydney NSW
In-person and online bidding available


Location Map

Property Information

  • Floor area approx 1076sqm
  • Tenancy Tenanted
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