Harvey Norman, 8/4-10 Queen Elizabeth Drive, Armidale, NSW 2350

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Retail
|Showrooms/Bulky Goods
|Industrial/Warehouse
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Published on: 27 May 2025
Last updated on: 29 May 2025
Harvey Norman, 8/4-10 Queen Elizabeth Drive, Armidale, NSW 2350
Harvey Norman, 8/4-10 Queen Elizabeth Drive, Armidale, NSW 2350
Harvey Norman, 8/4-10 Queen Elizabeth Drive, Armidale, NSW 2350
+14
Harvey Norman, 8/4-10 Queen Elizabeth Drive, Armidale, NSW 2350
  • 14
Property ID: 504869680
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Key property information

Land Size
2,248.00 m2
Zoning
M1 Mixed Use
Floor Area
2,248.00 m2
Tenure Type
tenanted

Affordable Harvey Norman Investment, Secure Lease , Outstanding Location, Tenant in Occupation since 1996

Harvey Norman, 8/4-10 Queen Elizabeth Drive, Armidale, NSW 2350
For sale by Expressions of Interest, a long standing Harvey Norman investment in the wealthy New England city of Armidale.

The property has the following attributes: -

* Renewed lease to 2028 plus options to 2033
* Harvey Norman – ASX listed retail giant, with a turnover of $8.86 Billion in 2024
* Tenant in occupation since 1996
* Girraween Shopping Centre - landmark retail centre with Ampol, Australia Post, BWS, Dominos Pizza and many other speciality retailers
* Easy access to New England Highway
* Growing population underpinned by strong economic fundamentals
* Armidale region Gross Regional Product of $2.8 billion
* Major hub for healthcare, education, agriculture and industry
* 2,248 sqm building area
* Ample parking
* Annual CPI rent increases, up to 3%
* Easily managed premium tenant investment

Net Income: $262,895* pa + GST (Est)

The property is for sale by Expressions of Interest, with offers closing Thursday 26 June at 4pm

Property Details

Basic Info

Property Type
RetailShowrooms/Bulky GoodsIndustrial/Warehouse
Listing Status
On Market
Land Size
2,248.00 m2
Address
Harvey Norman, 8/4-10 Queen Elizabeth Drive, Armidale, NSW 2350
Michael Gilbert
Michael Gilbert
Gilberts Property Co
Level 10, 20 Martin Place, Sydney, NSW 2000
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Michael Gilbert
Michael Gilbert
Level 10, 20 Martin Place, Sydney, NSW 2000
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      Property ID: 504869680

      Original Property ID: 504869680
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