Sold
Sold
92 East Street Narrandera NSW 2700
1
Sold $366,000
Narrandera

92 East Street Narrandera NSW 2700

1

Magnificent Bank Building 8.3% return

Located in the heart of Narrandera’s CBD is the beautiful brick-construction Bendigo Bank building. This building is compromised of a commercial area and also a residence at the rear.

This building is one of the stand-out buildings in Narrandera CBD for its character and stature

Commercial Lease
– Tenanted by Narrandera district investments (Bendigo Bank) Tenant of over 10 years
– Currently under 5 Years lease until May 2022
– 5 years options to renew
– Total floor area 500* sqm
– Total land area 537* sqm
– Returning $26,794.32 Inc GST P/A
– Rental increase 3% per annum

Residential Lease
– 3 Bedroom 1 Bathroom immaculate top floor residence
– Current lease to reliable tenant since May 2015
– Returning $9,360.00 P/A
– Side lane access and single garage parking

Building total return $36,154.32 Inc GST P/A

* Note approx

Read more

Contact Agents

Andrew Pellow
Sales Manager

On meeting Andrew Pellow, it becomes obvious that he has...

Read More
Price: Sold $366,000

Key Details:

  • Land Area (approx.) 537 m2
  • Building Size (approx.) 500 m2
  • Council rates Contact Agent

Powered by Appraise.works