Attractive High Yielding Multi Tenant Freehold Investment

345-351 Peel Street , Tamworth NSW

Property Highlights

National Brand Anchors
Dominant CBD Location
Significant Value Add Potential

Description

Burgess Rawson is pleased to offer to the market this high yielding multi-tenant freehold Investment at 341-351 Peel Street, Tamworth NSW for sale by Private Treaty

The property has the following investment highlights:

+ Thriving Pedestrian Mall in Key CBD Location
+ Excellent prospects for future residential re-development upside and rental growth
+ Long occupancy history with local and national occupants, including Suncorp Bank and Sports Power
+ Substantial 3,666 sqm landholding, in key CBD location
+ Diverse lease terms reducing future vacancy risk
+ Dual street frontage linking the CBD bus terminal to Peel Street, the main retail precinct
+ Smart commercial solar electricity supply system, installed in 2015
+ Tamworth: one of NSW’s strongest regional economies with a population catchment of around 200,000 people
+ Net Income: $540,000 pa* + GST (fully leased)

For sale by Private Treaty: Guide for Offers $7,500,000

Please contact the exclusively appointed sales team for further information

*approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Shopping Centre
Land Size
3,666 SQM
Building Area
2,537 SQM

Price

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