Commercial Property

121 Butler Street

Armidale NSW 2350, Australia

4 Parking
607 m² Land size
$330,000 Last sale (2020)

Snapshot

Key points for 121 Butler Street.

  • Estimated market value: $530,000
  • Recorded price: $330,000
  • Land size: 607 m²
  • Four separate storage sheds leased independently
  • Potential conversion to medical practice or specialist rooms (STCA)

About this commercial property

121 Butler Street in Armidale is a mixed-use site comprising a two‑bedroom house and four independent storage sheds that are currently leased. The property was sold for $330,000 on 25 May 2020 and is estimated to have a market value of $530,000. Combined rental return for the house and sheds is advertised at $430 per week

Key details

Locality
Armidale
State
NSW
Coordinates
30.51286645 / 151.65657775
GNAF PID
GANSW703933865
Legal parcel ID
D/159693
Remoteness area
Regional
Property type
Commercial
Land size
607 m²
Land Use Category
Commercial

Commercial property information

Storage Sheds (1‑4/121 Butler Street)
Storage
Commercial Storage Shed
Verified at this address

Four sheds listed as separate rental units, all marked Leased.

Independent storage units available for lease.
Observed facts
Size
6 × 3 m (for 3/121 shed; other sheds not specified)
Lease status
Leased
Search ABN on Scoutize

Market estimates

Based on web rent evidence, web value evidence.

Expected weekly rent
$430
Expected property value
$530,000
Estimated yield
4.22%
Confidence
High

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
25 May 2020
$330,000$543
Sale
6 May 2015
$290,000$477

Price per m² based on land size of 607 m².

Property insights

Property Features

  • Four independent storage sheds (6 × 3 m) with concrete floors, roll‑up doors and exterior lighting Armidaletownandcountry.com.au
  • Two‑bedroom, one‑bathroom house with four garage spaces
  • Potential for conversion to medical practice or specialist rooms (STCA)
  • Potential conversion to medical practice or specialist rooms (STCA)
  • Mixed‑use investment opportunity: Residential house plus four leased storage sheds; pending food‑and‑drink development application (DA‑22‑2023)

Real Estate Agencies

Ordered by:
Laing+Simmons - Armidale
0.8 km
120 Dangar Street, Armidale, NSW 2350
Professionals - Armidale
0.9 km
172 Beardy Street, Armidale, NSW 2350
Armidale Town & Country - ARMIDALE
1.0 km
116 Rusden Street, Armidale, NSW 2350
Ray White Rural - Guyra/Armidale
0.8 km
2/111 Dangar Street, Armidale, NSW 2350
Armidale First National Real Estate - Armidale
0.9 km
178 Beardy Street, Armidale, NSW 2350
Hutchinson & Harlow Real Estate - Armidale
0.8 km
103 Dangar Street, Armidale, NSW 2350
Raine & Horne - Armidale
2.6 km
1/121 Beardy Street, Armidale, NSW 2350
MacDougall Rural Property
7.0 km
Burns Road, Armidale, NSW 2350
Armidale Rentals - Armidale
0.8 km
7/108 Dangar Street, Armidale, NSW 2350
Elders Rural Services - Armidale
1.1 km
97-101 Faulkner Street, Armidale, NSW 2350
Belle Property Armidale
2.7 km
1/14 Cinders Lane, Armidale, NSW 2350
Kari Maitz Property - ARMIDALE
2.9 km
PO Box 607, Armidale, NSW 2350
* Approximate straight-line distances

Frequently asked questions

How many bathrooms are in the house?

The house has one bathroom

Armidaletownandcountry.com.au
What is the nearest airport?

Armidale Hospital Airport is approximately 0.2 km away

How many bedrooms does the house have?

The house contains two bedrooms

Armidaletownandcountry.com.au
What parking is available on the property?

Four garage spaces are available for parking

Armidaletownandcountry.com.au
What is the lease status of the storage sheds?

All four storage sheds are currently leased

Armidaletownandcountry.com.au
What is the combined weekly rental return for the house and sheds?

The advertised combined rental return is $430 per week

Armidaletownandcountry.com.au
What was the most recent sale price of the property?

The property sold for $330,000 on 25 May 2020

Armidaletownandcountry.com.au
Can the house be converted to a medical practice?

The listing notes the house could be converted to a medical practice or specialist rooms, subject to council approval

Armidaletownandcountry.com.au

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Suburb profile

Armidale

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