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Back 147 Faulkner St
Off Market

147 Faulkner St

Armidale NSW 2350

1
1
3
772.7 m²
House
Frazer YuleFrazer Yule, last sold this property on 18 December 2025 after 77 days on market.

Overview

Rare Opportunity To Invest In Historic Armidale Commercial Property

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.

Features

1 bedroom
1 bathroom
3 carspaces
3 open car spaces
772.7 m² lot size
House

Estimated Value

Based on this property and similar 1 bedroom houses sold in Armidale over the last 12 months, the estimated median property value of 147 Faulkner St is $660k.

Median value
$660k
Estimated value range
$148k - $1.04m
Median days on market
78
Estimated value trend
94%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Armidale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 147 Faulkner St

2025
Sold
Undisclosed
18 Dec 2025 by Frazer Yule, of Laing+Simmons Armidale

Happy sellers in Armidale

87%
87% of sellers in Armidale reported that their sale price either exceeded or met their price expectations.

Armidale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 100 reviews in Armidale over the last 12 months.

Local market activity for 1 bedroom houses in Armidale

In the last 12 months, 4 one-bedroom houses similar to 147 Faulkner St, have been sold.

This represents a 25% decrease in one-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Armidale

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Peter Georkas

Sellers who recommend Peter Georkas have praised them for being local expert, clear communication, honest, supportive, responsive, reliable and friendly

  •   4.9   (680 reviews)
  •  38 Reviews in Armidale
  •  44 Sales in Armidale
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Ronelle Gersbach

Sellers who recommend Ronelle Gersbach have praised them for being clear communication, local expert, friendly, responsive and supportive

  •   5   (60 reviews)
  •  34 Reviews in Armidale
  •  41 Sales in Armidale
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Lachie Sewell

Sellers who recommend Lachie Sewell have praised them for being clear communication, local expert, responsive, reliable, hard-working, dedicated and great negotiation

  •   4.9   (127 reviews)
  •  21 Reviews in Armidale
  •  70 Sales in Armidale
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Julie Schaefer

Julie Schaefer is an award winning recommended agent for Armidale.  They have 25 local sales and collected 13 local reviews across the last 12 months.

  •   4.8   (83 reviews)
  •  13 Reviews in Armidale
  •  25 Sales in Armidale
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