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Burgess Rawson - Sydney

40-48 Rankin Street Forbes, NSW 2871

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40-48 Rankin Street
Forbes, NSW 2871

Shop & Retail • Showrooms & Bulky Goods

Price information

Sale - Expression of Interest

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Land area

2138.0m²

Floor area

1.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Burgess Rawson - Sydney
40-48 Rankin Street
Forbes, NSW 2871
Simon Staddon
Rhys Parker

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000

Map of 40-48 Rankin Street

Directions

2,138 sqm CBD Landholding Value for Money

  • Circa 9.25% Yield
  • Substantial improvements
  • Target + 4 shops
Strategic site occupying half city block
Target (Wesfarmers) anchored investment
3 street frontages totalling 164 metres
Net lease, Target pays outgoings, as per lease
Guaranteed rental growth, fixed 3% annual rental increases
Major value add opportunity
Net Income: $130,000 pa + GST

For Sale by Deadline Private Treaty
Closing 4pm Thursday 14 November 2019 (unless sold prior)
Indicative Price: $1,400,000 (Circa 9.25% Yield)

Property ID: 503346714Last Updated: 9 Dec 2019

Agency contacts

Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Email enquiry

Simon Staddon

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Simon Staddon
Burgess Rawson - Sydney
40-48 Rankin Street Forbes, NSW 2871

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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