6/270 Mann StreetArmidale NSW 2350
Property Details for 6/270 Mann St, Armidale
Last Listing description (September 2023)
Presenting a strata-titled industrial unit situated within a dynamic complex in the highly desirable West Armidale Industrial precinct.
Boasting an approximate floor area of 280m2, this space is currently leased to a well-established automotive repair business, offering an accessible entry point into the industrial investment sector.
For those considering ownership, an opportunity to secure profitable terms may also be available.
*We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.*
Property History for 6/270 Mann St, Armidale, NSW 2350
- 20 Dec 2023Sold for $280,000
- 06 Sep 2023Listed for Sale $340,000
- 08 Jun 2011Sold for $185,000
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0About 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.
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