Entry Level Freehold Investment in Absolute Prime CBD Location
Fully tenanted free hold investment in Narrandera’s CBD 2 separate titles
4-6 Twynam Street
– Leased by Property NSW tenanted by Services NSW
– Leased until June 2022 with options until 2028
– Newly fitted out entire premised
– Net income $45,000 + GST per annum with increases annually years 4-9
8 Twynam Street
– Lease by Cignall Tobacconist franchisee
– Long term tenant of 10+ Years
– Month by Month lease at present (Tenant willing to sign new 2 – 3 year lease)
– Net income $6,240 per annum + GST
– Kitchenette & Toilet facilities
Building totals
– 303 sqm allotment
– Building size approx 220 sqm
– 2 Titles know as 4-6 Twynam Street & 8 Twynam Street
– Net Income Annually $51,240 + GST per annum
These properties will be available to purchase via public auction on Thursday 12th of December 2019 12:00pm at Narrandera Ex-services Club
For Information Memorandum or inspection please contact Andrew Pellow QPL Real Estate.
Auction
Key Details
- Land size (approx.) 303 m2
- Council rates Contact Agent