SOLD
Sold on 11 Apr 2024 for $385,000

6/111 Dangar Street
Armidale NSW 2350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1248m2
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Property Details for 6/111 Dangar St, Armidale

Building Type
Commercial
Land Size
1248m2
Local Government
Armidale Regional
Lot/Plan
6/SP22936

Last Listing description (May 2024)

Quality Commercial premises located in the heart of Armidale Central business district. Ray White Armidale are proud to present this blue chip asset to the market. 6/111 Dangar Street provides prominent shop frontage with exposure to the main arterial access into the heart of Armidale.

Features include;
- 167 sqm of open plan commercial space (currently set up for office use)

- Single ground level for easy access
- Main board room and directors office
- Kitchen facilities and bathroom amenities
- Rear lane access with public parking in close proximity
- Excellent street exposure to Dangar Street with excellent foot and vehicle traffic
- Brand new roof infrastructure (completed December 2023)
- Offered with vacant possession
- Rates $971 per quarter
- Strata $950 per quarter

Vendor is heading into retirement and expresses a genuine desire to release the asset as soon as possible.

Contact Cayne to book your inspection today on 0431 435 958

*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*

Property History for 6/111 Dangar St, Armidale, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$385,000
11 Apr 2024
  • 11 Apr 2024
    Sold for $385,000
  • 07 Nov 2023
    Listed for Sale $430,000

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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 13,573 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 103 properties listed for sale, and 8 properties listed for rent in Armidale on OnTheHouse. According to CoreLogic's data, 605 properties were sold in the past 12 months in Armidale.

Suburb Insights for Armidale 2350

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Show contact details
Ray White Rural Guyra/ Armidale
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.