Price Drop - 7.5% + Net Yield
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 $7,100,000 (7.6%)
Please contact the exclusively appointed sales team for further information
*approx
Enquire
Contact agents
Kieran Bourke Partner
0417 418 007Michael Vanstone Director | Childcare
0403 580 528Flynn McFall Sales Executive
0481 187 191Enquiry Form
Tamworth, NSW
345-351 Peel Street
For Sale by Expression of Interest
This property is part of Portfolio 166
Price: Contact Agent
Contact agents
-
Kieran Bourke Partner
0417 418 007 -
Michael Vanstone Director | Childcare
0403 580 528 -
Flynn McFall Sales Executive
0481 187 191