Stanley & Martin are pleased to offer 19 The Parade, Tumbarumba to the Commercial Property Investment market.
- This outstanding, freehold property is located in the centre of Tumbarumba's main retail precinct.
- The property is comprised of a modern supermarket with retail areas, storage rooms, offices and amenities and occupies a total floor area of 1,175m2 (approx.).
- The subject property is currently tenanted by IGA until 2019 and generates a return in the vicinity of $196,000 per annum + GST + Outgoings.
- Tumbarumba is located at the foothills of the Snowy Mountains, halfway between Sydney and Melbourne via the Hume Highway and is just 293km from the nation's capital, Canberra.
- The Tumbarumba Shire has a highly productive agricultural sector, supported by a strong softwood timber industry and services the local towns of Rosewood, Laurel Hill, Jingellic, Tooma and Cabramurra.
