Affordable Freehold Investment ASX Listed Tenant
17-19 Spring Street , Forbes NSW
Property Highlights
Description
+Renewed 5 year lease to May 2027
+Elders Rural Services: ASX listed and leading Australian agribusiness experts in Insurance, Real Estate and Rural Services since 1839
+Prominent 2,024 sqm site boasting three frontages totalling 130 m providing outstanding exposure to major freight route, the Newell Highway
+Well presented functional 821 sqm freehold building plus hardstand
+Forbes: commercial hub of Forbes Shire, agricultural / wheat district of Central West NSW, 375km west of Sydney with a trade catchment circa 9,934.
+Annual CPI rent increases
+Lessee pays usual outgoings, as per lease
+Newly add options assuring tenant long-term commitment
+Single tenant, minimal management investment
+Current Net Income: $87,095 pa + GST
For Sale by Auction
10.30am (AEST) Tuesday 2 August 2022
Yallamundi Rooms, Sydney Opera House
Property Details