Strategic 1,707sqm* CBD Freehold | Multi-National Retailer Best & Less

Description

CBRE is pleased to present to the market Best & Less Gunnedah, located at 232-234 Conadilly Street, Gunnedah NSW, for sale via Private Treaty.

The opportunity has the following investment highlights:

+ New five (5) year net lease to June 2030 plus one further five (5) year option extending to 2035
+ Best & Less: multi-national apparel retailer with 245 locations across AUS & NZ, providing a wide variety of apparel, babywear, and home goods
+ Landlord friendly net lease, tenant responsible for 100% of outgoings including council rates, water rates, insurance and land tax (single holding basis), as per the lease
+ Easily managed single tenanted investment
+ Highly prominent location on the main thoroughfare through Gunnedahs CBD, in close proximity to national tenants ALDI, Coles, Kmart, Mitre 10 and McDonalds
+ Large 1,707sqm* CBD freehold landholding improved by 19 on-site car spaces
+ Gunnedah Shire: established regional NSW township with a population of 13,392¹ and a GRP of $2.23 billion², as well as a major producer of beef for all of Australia
+ Net Income: $145,820 pa* + GST

For sale via Private Treaty Please contact the exclusively appointed sales team for more information.

*Approx 1 profile.id 2 economy.id

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Contact agents
Flynn McFall Negotiator
0481 187 191
Sam Mulcahy Junior Sales Associate
0499 558 968
Ben Parsonage Junior Sales Associate
0455 331 841
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Gunnedah, NSW

232-234 Conadilly Street

For Sale

This property is part of Portfolio 181

Price: Contact Agent

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