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201-207 Grey Street Glen Innes, NSW 2370

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201-207 Grey Street,
Glen Innes, NSW 2370

Shops & Retail

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$1,415,000

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Map of 201-207 Grey Street

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Modern Large Format Retail Building. Strong Branded Investment.

Secure 6 year lease until 2019 to The Reject Shop + options until 2025.
The Reject Shop: dominant market trader, ASX listed tenant $756.8M in sales, $14.2M net profit and over 330 stores.
Glen Innes: located less than 100 kilometres from Armidale on the New England Hwy which forms a major part of the Sydney to Brisbane national highway route.
Attractive 3% fixed annual rental increases.
Absolute prime main street retail location.
High quality retail building with commanding frontage.
Modern building constructed circa 2012; depreciation benefits.
Easily managed single tenant investment.
Estimated Net Income: $121,280 pa + GST.

Property ID: 501830982Last Updated: 26 Apr 2016

04511010...
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201-207 Grey Street
Glen Innes, NSW 2370
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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