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61 Rankin Street Forbes, NSW 2871

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Sold

61 Rankin Street Forbes, NSW 2871

Shop & Retail
Sold Price

$450,000

Land area

601.0m²

Floor area

601.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

12 Apr 2018

Entry Level Freehold Investment Prime CBD Location

  • New Lease Plus Options to 2024
  • Prime Position on Retail Strip
  • Attractive Net Lease
New 3 year lease until March 2021 plus option until 2024.
Prime position on Forbes main retail strip opposite Target, close to Woolworths supermarket and major banks.
High profile 601 sqm corner site with recently refurbished retail premises (circa $30,000 spent).
Ladybird Boutique: longstanding fashion retail tenant established 30+ years.
Forbes: agricultural / wheat district of Central West NSW, 375 km west of Sydney & trade catchment circa 9,200.
Annual CPI increases.
Attractive net lease with tenant paying all outgoings.
Net Income: $40,820 pa + GST.

Property ID: 502744262Last Updated: 20 Jun 2018

0417 *** ***
61 Rankin Street
Forbes, NSW 2871

Agency contacts

Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Kieran Bourke
Burgess Rawson - Sydney
61 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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