Dominant Supermarket Investment

Description

+ The dominant supermarket in its Trade area
+ Renewed 10 year lease expiring June 2031 plus 5 + 5 year options until 2041
+ Leased to the highly experienced Khan Group who operate 10 supermarkets across metropolitan and regional areas of NSW
+ High profile corner site of 3,642 sqm in the centre of town
+ Building of 1,956 sqm comprising supermarket premises including liquor, two separate real estate agent tenants and one other shop
+ Rear car park area allows on site parking for 29 vehicles and loading area to rear of premises
+ Lessor friendly lease that allows for the recovery of all usual outgoings including management fees
+ Cobar is a thriving north-western NSW community with a catchment of circa 4,700 persons
+ Net Income of $388,500 pa + GST

For Sale by Auction
10.30am (AEST) Tuesday 21 June 2022
Yallamundi Rooms, Sydney Opera House

Sales Agents:
Kieran Bourke, Burgess Rawson

Dean Venturato:
DGV Commercial Pty Ltd License No. 10114774
In conjunction with Burgess Rawson

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Contact agents
Kieran Bourke Partner
0417 418 007
Dean Venturato Consultant
0412 840 222
Enquiry Form

Cobar, NSW

29-33 Marshall Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 153

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