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Dominant Supermarket Investment

29-33 Marshall Street , Cobar NSW

Property Highlights

Renewed 10 year lease to June 2031
Rare and recession-proof investment
Centre of town location
Register to Bid

Description

+ The dominant supermarket in its Trade area
+ Renewed 10 year lease expiring June 2031 plus 5 + 5 year options until 2041
+ Leased to the highly experienced Khan Group who operate 10 supermarkets across metropolitan and regional areas of NSW
+ High profile corner site of 3,642 sqm in the centre of town
+ Building of 1,956 sqm comprising supermarket premises including liquor, two separate real estate agent tenants and one other shop
+ Rear car park area allows on site parking for 29 vehicles and loading area to rear of premises
+ Lessor friendly lease that allows for the recovery of all usual outgoings including management fees
+ Cobar is a thriving north-western NSW community with a catchment of circa 4,700 persons
+ Net Income of $388,500 pa + GST

For Sale by Auction
10.30am (AEST) Tuesday 21 June 2022
Yallamundi Rooms, Sydney Opera House

Sales Agents:
Kieran Bourke, Burgess Rawson

Dean Venturato:
DGV Commercial Pty Ltd License No. 10114774
In conjunction with Burgess Rawson

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Supermarket
Land Size
3,642 SQM
Building Area
1,956 SQM

Price

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