Burgess Rawson is pleased to offer to the market 250-268 Clarinda Street & 33 Court Street, Parkes NSW for sale via our Investment Auction Portfolio 172.

The opportunity has the following investment highlights:

+ Anchored by 5 year lease to 2028 to Discount Dave’s – operated by The Bernardi Group, operator of Supermarkets & discount stores with 500+ staff
+ Fully leased high exposure retail investment, strategically positioned in Parkes CBD
+ Total of 4 tenants providing diverse income streams
+ Fixed 3% annual rental increases, as per leases, providing enviable rental growth
+ Comprising some 3,192 sqm* – 250-268 Clarinda Street 2,427 sqm* & 33 Court Street 765 sqm*
+ Attractive E1 Local Centre zoning allowing for multiple uses (STCA)
+ Convenient location near Big W, Coles, Woolworths, Reject Shop & Westpac
+ The Parkes Region, perfectly positioned at the heart of Central West NSW is a thriving regional growth centre with a robust and diverse economy & generates a Gross Regional Product of over $900 million per year
+ Net Income: $124,883 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx.