Affordable Telstra Shop Investment
304 Clarinda Street , Parkes NSW
Property Highlights
New 5 Year Lease
Main Street Retail
Affordable Investment
Description
Refurbished 253 sqm freehold building with rear lane access and on-site parking
New Telstra corporate fit-out (refurbishments worth circa $410,000)
New 5 year lease plus options until 2034
Tenant pays majority of outgoings, as per lease
Attractive 3% annual rent increases assuring growth
Central site in Parkes’ main retail precinct surrounded by major banks and national retailers
Parkes is a strong NSW growth region and was announced as a critical node on Melbourne – Brisbane Land & Rail project which recently received $8.4 billion Govt. investment
Estimated Net Income: $52,000 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
253 SQM
Building Area
253 SQM