Government Owned Tenant Investment

Description

+ Prime 569 sqm main street corner freehold
+ Rare three street frontage CBD site
+ Improved with immaculate building featuring office on the ground floor and a luxury 3 bedroom apartment above
+ Ground floor leased to Australian Government owned Australian Rail Track Corporation (ARTC)
+ The Australian Government is delivering Inland Rail through ARTC, in partnership with the private sector
+ Inland Rail, a 1,700km freight rail line that will connect Melbourne & Brisbane via regional VIC, NSW & QLD
+ Apartment currently being used as short-term accommodation
+ High occupancy rate for apartment letting & loyal returning clientele
+ The apartment would also suit owner occupation or long-term rental
+ Valuable convenient on-site car parking
+ Narrabri – important inland logistics and resources hub
+ Potential Santos coal seam gas project could supply half the natural gas used in NSW homes and businesses and deliver significant economic benefits to local region and Australia
+ Net Income $96,295 pa + GST

For Sale by Auction
Tuesday 22 February 10.30am (AEDT)
Yallamundi Rooms, Sydney Opera House

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Contact agents
Rhys Parker Partner
0451 101 042
Michael Gilbert
+61 0430024790
Enquiry Form

Narrabri, NSW

85 Maitland Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 150

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