ASX Listed Tenanted Investment High Return – 8% Indicative Yield
205 Parker Street , Cootamundra NSW
Property Highlights
Landmark two story building
Huge 1,001 sqm site
First floor 3 bedroom residence
Description
290 sqm ground floor CBA plus first floor 3 bedroom residence
Huge 1,001 sqm site in absolute heart of town
Residence can be leased separately to generate additional rental
Surplus land suitable for future development (STCA)
Leased to Commonwealth Bank to February 2022 plus options to 2025
Landmark two story building
Net Income: $51,793 pa + GST
Indicative Price – $650,000 / Net Yield – 8% approx
For Sale by Expressions of Interest
Offers Closing 3pm (AEDT) Thursday 10 December 2020
(Unless Sold Prior)
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Building Area
1,001 SQM