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131-135 Rankin Street Forbes, NSW 2871

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Sold

131-135 Rankin Street Forbes, NSW 2871

Shop & Retail • Offices
Sold Price

$2,650,000

Land area

2004.0m²

Floor area

2004.0m²

Tenure type

Tenanted Investment

Sold on

24 Jun 2015

Return

9.0% p.a.

Long Term NSW Government Tenant. Circa 10% Yield Expected.

Prominent 2,004 sqm retail holding with triple street frontage opposite council carpark with 350+ car spaces
Recently renewed lease to NSW Government expiring 2020 plus options to 2030.
Includes 3 retailers/tenants with leases to 2021 plus options to 2041
Strategic main street position next to Woolworths
Easy to manage high yielding passive investment
Growth location with 16,000+ catchment
Net Income: $248,394 pa + GST
WILL BE SOLD!

New Venue and Time
Auction 12 noon AEST Tuesday 23 June
Sofitel Wentworth Hotel, Sydney

Michael Gilbert 0430 024 790
Dean Venturato 0412 840 000

Property ID: 5660091Last Updated: 23 Aug 2015

131-135 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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Michael Gilbert
Burgess Rawson - Sydney
131-135 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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