For Sale – Prime Commercial Investment in the Heart of Armidale

Centrally positioned in a high-profile location, 116 Rusden Street offers an exceptional opportunity for investors or owner-occupiers alike.

This quality office building spans approximately 600m² and is currently configured into two separate tenancies, with the flexibility to further divide the space into three tenancies if desired. The property’s corner location provides dual access and features 25 onsite car parks, ensuring convenience for staff and clients.

Set on a generous 2,019m² parcel of land, the property enjoys outstanding exposure, high traffic flow, and excellent visibility, enhancing its long-term appeal.

Currently generating an income of $160,000 per annum, this property represents a secure investment with strong returns. It is ideally suited to an investor seeking a stable income stream, or an owner-operator looking to occupy part of the premises while benefiting from rental income from the remaining space.

Key Features:
• Approx. 600m² of modern office accommodation
• Potential to create up to three separate tenancies
• 25 onsite car parks
• Corner block with dual access
• Situated on 2,019m² of land in a prominent CBD location
• High exposure and excellent accessibility
• Current income: $160,000 per annum

Don’t miss this rare opportunity to secure a well-located, income-generating commercial asset in the heart of Armidale.

Property ID: 1386302