Affordable Telstra Shop Investment

304 clarinda street, parkes nsw

Price: For Sale by Auction

  • New 5 Year Lease
  • Main Street Retail
  • Affordable Investment

Property Details

Auction 11am AEDT Thursday 21 February 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Recently refurbished 253 sqm freehold building with rear lane across 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

Featured Details

Current Tenant Tenanted
Gross Building Area 253 sqm
Land Size 253 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003441

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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