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COMMERCIAL INVESTMENT OPPORTUNITY
Strip of 3 shops in North location all leased to long term tenants.
•274 McCulloch Street will be subject to a 3 year lease (with 3 + 3 year options) from settlement of sale @ $64,254 pa (+ GST) + outgoings. This tenancy comprises a chemist shop and a 3-bedroom apartment upstairs.
•Shop 5 is leased to an Australia Post outlet on a 5 year lease (Dec 21 to Dec 26) + 5 year option @ $8,606.51 pa (+ GST).
•Shop 4 is leased to a takeaway food shop on a 3 year lease (July 22 to June 25)... Read more
•274 McCulloch Street will be subject to a 3 year lease (with 3 + 3 year options) from settlement of sale @ $64,254 pa (+ GST) + outgoings. This tenancy comprises a chemist shop and a 3-bedroom apartment upstairs.
•Shop 5 is leased to an Australia Post outlet on a 5 year lease (Dec 21 to Dec 26) + 5 year option @ $8,606.51 pa (+ GST).
•Shop 4 is leased to a takeaway food shop on a 3 year lease (July 22 to June 25)... Read more
Strip of 3 shops in North location all leased to long term tenants.
•274 McCulloch Street will be subject to a 3 year lease (with 3 + 3 year options) from settlement of sale @ $64,254 pa (+ GST) + outgoings. This tenancy comprises a chemist shop and a 3-bedroom apartment upstairs.
•Shop 5 is leased to an Australia Post outlet on a 5 year lease (Dec 21 to Dec 26) + 5 year option @ $8,606.51 pa (+ GST).
•Shop 4 is leased to a takeaway food shop on a 3 year lease (July 22 to June 25) @ $10,911.12 pa (+ GST).
With a combined rental return of over $83,000 pa (+GST), this property is a worthy commercial addition to your portfolio. Made up of several Freehold/Strata titles, request Contract of Sale for all tenancy and property information. Zoned E1 Local Centre.
DISCLAIMER: First National Broken Hill has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims all liability concerning any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
•274 McCulloch Street will be subject to a 3 year lease (with 3 + 3 year options) from settlement of sale @ $64,254 pa (+ GST) + outgoings. This tenancy comprises a chemist shop and a 3-bedroom apartment upstairs.
•Shop 5 is leased to an Australia Post outlet on a 5 year lease (Dec 21 to Dec 26) + 5 year option @ $8,606.51 pa (+ GST).
•Shop 4 is leased to a takeaway food shop on a 3 year lease (July 22 to June 25) @ $10,911.12 pa (+ GST).
With a combined rental return of over $83,000 pa (+GST), this property is a worthy commercial addition to your portfolio. Made up of several Freehold/Strata titles, request Contract of Sale for all tenancy and property information. Zoned E1 Local Centre.
DISCLAIMER: First National Broken Hill has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims all liability concerning any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.