Mahere Papa
A national tenant showing returns of 8.5%.
Current commercial lease is $33,000 plus GST.
Located in the heart of the Central business district of the thriving regional town of Armidale is this commercial shop currently leased by the national company Flight Centre. There is a new 3x3 year lease with increases built into lease showing an excellent set and forget return for the savvy investor. The shop has had excellent tenants for 20 plus years and now is an amazing opportunity for another investor or managed super fund to acquire this asset.
For further details on this commercial premise please call Jeremy Creagan on 0401 508 801. *All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.48 km | 2 | 1 | -m2 | 2024 11 24 | $525,000 | Council approved | |
 | 0.39 km | 3 | 1 | -m2 | 2024 11 17 | - | Council approved | |
 | 0.47 km | 4 | 1 | -m2 | 2024 11 13 | $650,000 | Council approved | |
 | 0.49 km | 4 | 3 | -m2 | 2024 10 23 | $1,120,000 | Council approved | |
 | 0.43 km | 4 | 1 | -m2 | 2024 08 21 | $471,000 | Council approved |