Government Owned Tenant – Entry level commercial investment

290 Clarinda Street , Parkes NSW

Property Highlights

Under $600k Buyers
5 Year Lease
+ Opts. to 2028

Description

For Sale by Expressions of Interest closing 4pm Thursday 11 April 2019 (Unless Sold Prior)

Leased until 30 March 2023 plus 5 year option
Attractive 3% annual rent increases
Affordable, entry level commercial investment
Prominent position in the main retail strip of town
Well presented freehold building with modern fit-out
Australian Rail Track Corporation: Australian government statutory owned corporation delivering multi-billion dollar infrastructure project
Parkes: thriving, economically diverse regional centre underpinned by mining, tourism, logistics infrastructure, energy & agriculture
Parkes announced as a critical node on Melbourne to Brisbane Inland Rail project which recently received $8.4 billion Government investment
Easily managed single tenant, premium investment
Estimated Net Income: $37,756 pa + GST (as at April 1st, 2019)

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
101 SQM
Building Area
58 SQM

Price

Contact Agent

Contact Agents

Tom Doran

+610 407 928324

Contact Me

Simon Staddon

0413 640 851

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