Entry Level Freehold Investment Prime CBD Location
4 Templar Street , Forbes NSW
Property Highlights
Affordable freehold investment
Potential rental upside
Circa 8% yield anticipated
Description
UNDER CONTRACT
Leases to established tenants:
New 7 year to November 2025 plus options to established tenant, Central West Insurance Group
5 year lease to 2020 plus option to 2025 to government funded employment agency, Joblink Plus Limited
Two freehold buildings on one title, boasting dual street frontages and comprises two retail tenancies plus vacant first floor residential accommodation and significant storage
Ideal commercial position on Forbes main retail strip close to Target, Post Office, Woolworths supermarket and major banks
Forbes: agricultural / wheat district of Central West NSW, 375 km west of Sydney & trade catchment circa 9,200
Net Income: $38,613 pa (excl. GST)
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
250 SQM
Building Area
250 SQM