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 tenants 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: $94,590 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 418 007
Flynn McFall Sales Executive
0481 187 191
Enquiry Form

Forbes, NSW

3 Spring Street

For Sale by Portfolio Auction
Tuesday 10th December 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 173

Price: Contact Agent

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