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69-71 Kiewa Street
Manildra NSW 2865
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Sold on 14 Mar 2023

69-71 Kiewa Street Manildra NSW 2865

  • Shop & Retail
  • 156 m²
  • Sold, $460,000

Invest in Manildra

  • Great street frontage for foot traffic
  • Easy customer parking
  • Two shopfronts in one building

It is very rare that an investment opportunity like this one in a country town arises. Set in the main street of Manildra, with great street frontage for passing foot traffic and easy customer parking out front, this building currently houses two successful businesses that are essential to the town. The larger of the two shop fronts currently houses a medical clinic that is leased to two separate long-term tenants who are very happy to stay on and an extra room that could be leased to another party. The butcher shop, in the smaller of the two shops, would be more than happy to sign a long-term 5 year lease with the new owner. The estimated returns on offer for an investment such as this cannot be ignored with a gross yield of 8.4%. It also has the added bonus of room to increase this by leasing the 3rd spare room in the medical centre and diversifying your income stream with up to 4 tenants. Inspections are possible by private appointment and savvy investors are encouraged to do their sums and consider this as a viable option.

Property Highlights

Date Sold14 Mar 2023
Sold Price$460,000
Floor Area156 m²
Land Area1,233 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Virtual TourView Tour
Property ID2018308475
Category
Last updated  14 Mar 2023
Map for 69-71 Kiewa Street Manildra NSW 2865

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Property Highlights

Date Sold14 Mar 2023
Sold Price$460,000
Floor Area156 m²
Land Area1,233 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Virtual TourView Tour
Property ID2018308475
Category
Last updated  14 Mar 2023
39 Sale Street Orange NSW 2800

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