FOR SALE
$80,000

160 Beardy Street
Armidale NSW 2350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 212m2
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The Courthouse Cafe

Raine and Horne Armidale are pleased to present the Courthouse Cafe.
Owned and operated by hospitality heavyweights with a longstanding reputation for delivering impeccable service and consistently delicious food and beverages, this establishment has become an iconic stopover favoured by locals and travellers alike for a truly exquisite and unforgettable dining experience.
With a premium location in the central mall in Armidale's central business district this cafe benefits from a high volume of foot traffic, coupled with a social media presence, and outstanding reputation there is great potential for further growth.
Offered on a WIWO basis the cafe is fitted with all necessary furniture and kitchenware to enable a smooth transition for an immediate start.

Property Details for 160 Beardy St, Armidale

Building Type
Commercial
Land Size
212m2

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About Armidale 2350

The size of Armidale is approximately 268.8 square kilometres. It has 41 parks covering nearly 2.3% of total area. The population of Armidale in 2011 was 22,467 people. By 2016 the population was 23,355 showing a population growth of 4.0% in the area during that time. The predominant age group in Armidale is 20-29 years. Households in Armidale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Armidale work in a professional occupation. In 2011, 59.9% of the homes in Armidale were owner-occupied compared with 57.7% in 2016.

Armidale has 13,577 properties. Over the last 5 years, Houses in Armidale have seen a 53.81% increase in median value, while Units have seen a 47.51% increase. As at 31 October 2024:

  • The median value for Houses in Armidale is $469,038 while the median value for Units is $314,827.
  • Houses have a median rent of $450 while Units have a median rent of $330.
There are currently 102 properties listed for sale, and 12 properties listed for rent in Armidale on OnTheHouse. According to CoreLogic's data, 605 properties were sold in the past 12 months in Armidale.

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Nellie Hayes
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Raine & Horne Armidale | Glen Innes
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