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
Gross Building Area
250 SQM

Contact Agents

Kieran Bourke

+610 417 418007

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