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
Gross Building Area
58 SQM

Contact Agents

Tom Doran

+610 407 928324

Simon Staddon

0413 640 851

Request Information

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