121-123 Allingham Street
Armidale NSW 2350

FOR SALE: $2,500,000 - $2,650,000


For Sale – Multi-Tenanted Office Investment

This modern commercial property presents an outstanding opportunity for investors seeking secure income, strong tenant demand, and long-term capital growth. Well maintained and thoughtfully configured, the building offers a versatile office environment suitable for a range of professional and service-based businesses.
Comprising approximately 625m² of quality office accommodation, the property is currently configured into four separate tenancies, providing diversified income streams and reducing reliance on a single tenant. This layout also offers flexibility for future leasing strategies, including the ability to reconfigure spaces.
The building sits on a generous 1,619m² land holding, providing excellent site access and functionality. A significant feature of the property is the ample on-site parking, with 21 dedicated car spaces, ensuring convenience for tenants, staff, and visitors alike, an increasingly valuable asset for commercial properties.
Strategically designed to suit modern office users, the property benefits from excellent accessibility, good circulation, and a professional presentation, making it attractive to established tenants and prospective occupiers.
The investment is further strengthened by a current income of $159,115.00 per annum ex GST, which includes a rent guarantee on Suite 1, providing additional income security for incoming purchasers.
This is an excellent opportunity to acquire a well-presented multi-tenanted office investment with immediate income, strong fundamentals, and future leasing flexibility.

Key Features:
• Approx. 625m² of modern office accommodation
• 4 separate tenancies
• 21 onsite car parks
• Situated on 1,619m² of land
• Excellent accessibility
• Current income: $159,115.00 per annum ex GST including rent guarantee on suite 1

Price range $2,500,000.00 – $2,650,000.00 plus GST if applicable