Coles Supermarket, Liquorland & 6 shops with Westpac ATM.
Lease to Coles Supermarkets (incl. Liquorland) until Feb. 2022 plus 2 x 10 year options extending to 2042.
Westpac ATM with 5 year lease until Oct. 2019.
Substantial 5,143 sqm site close to Aust. Post, NAB & ANZ.
Excellent parking with 52 on-title car spaces and adjacent to Council carpark of 40 car spaces.
Narromine Shire: strategic NSW Central West location just 20 minutes drive from Dubbo.
Dominant supermarket in the catchment with Coles paying percentage turnover rent (store sales up 3.1% YTD).
Value add opportunity with potential to realise 100% occupancy.
Current Net Income: $321,497 pa + GST (fully leased net income of $355,142 pa + GST).
(Note: Nearby Coles Supermarket investment at Wellington also available with Net Income: $283,613 pa + GST).
|Gross Building Area