147 Faulkner Street, Armidale NSW 2350

Property Details: • Type: House

• Bedrooms: 1 • Bathrooms: 1

Description: Prominently positioned on the edge of Armidale's CBD with frontage to both Barney and Faulkner Streets, the former Masonic Lodge Hall represents an exceptional opportunity to secure a versatile commercial building in a tightly held precinct. Offering scope for a range of future uses, the property combines historic character with modern functionality. The single-level brick building covers a floor area of approximately 520m² on a 919m² site. Its layout incorporates 2 open-plan areas: one currently configured as office space with air-conditioning and the other as a theatre, reception areas, communal kitchen, staff amenities, bathroom facilities (including disabled), and a delivery/loading dock. Separate entrances to both Barney and Faulkner Sts and dual NBN fiber to the premises connections allow configuration as 2 separate entities or combination as one. Current leasing arrangements generate an estimated rental return of $85,000 per annum, demonstrating the property's appeal as an investment. High ceilings throughout create a sense of scale, with the potential to introduce a mezzanine floor to increase usable area. The property is supported by 3 off street carpark spaces and confirmed credits for 80 on-street car parking spaces. Rear loading access further enhances functionality for a wide range of commercial uses. Surrounded by professional services, medical practices, motels, and directly opposite Central Park, the site offers both visibility and accessibility. Its position within walking distance of the post office, retail, government offices, and hospitality venues underpins its strength as a long-term commercial holding. With a strong rental return and scope for future redevelopment, this is a rare opportunity to acquire a high-profile CBD property in the heart of Armidale. Disclaimer: We have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.