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
Gross Building Area
253 SQM

Contact Agent

Kieran Bourke

0417 418 007

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