Affordable Freehold Bank Investment. Prime CBD Position.
Description
Secure lease to May 2019 plus 5 + 5 year options through to 2029.
Ideal 282 sqm freehold building to ANZ’s modern standards.
Central 394 sqm site with large 12+ metres retail frontage.
Prime position in Parkes’ main retail precinct surrounded by other banks, national retailers and close to Big W complex.
Parkes is a strong NSW growth region underpinned by mining, tourism, logistics, infrastructure, energy & agriculture.
Annual rent reviews.
Tenant pays outgoings as per lease.
Easily managed single tenant investment.
Net Income: $85,176 pa + GST.