Affordable CBD Freehold Investment
Description
Burgess Rawson is pleased to offer to the market 3-5 Spring Street, Fobes NSW for sale via our Investment Auction Portfolio 173.
This opportunity has the following key investment highlights:
+ 3 year lease to 2026 plus options to 2032
+ Attractive annual CPI rent reviews
+ Tenant pays majority of annual outgoings including council rates, water rates ,and land tax (single holding) plus R&M, as per lease
+ Yoorana Gunya Family Healing Centre Aboriginal Corporation, community based legal service
+ Beautifully appointed premises upon prime 1,109sqm* CBD site
+ Strategic CBD location close to major brands including CBA, Westpac, K Mart, Woolworths and Service NSW
+ Modernised property improvements offering deprecation benefits
+ Easily managed single tenant investment
+ Central West & Orana region set to grow to 325,000 people by 2041**
+ Net Income: $86,005 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
**planning.nsw.gov.au
Enquire
Contact agents
Kieran Bourke Partner
0417 418 007Flynn McFall Sales Executive
0481 187 191Enquiry Form
Forbes, NSW
3 Spring Street
For Sale by Portfolio Auction
This property is part of Portfolio 173
Price: Contact Agent