Dominant Sub Regional Shopping Centre - Excellent exposure to Galena Street the major arterial road connecting the Barrier Highway and Silver City Highway
- Sub Regional shopping centre of 15,910sq m* anchored by Big W, Woolworths, 4 mini majors including Priceline, The Reject Shop, Best & Less and Dick Smith plus 20 specialty shops and 4 ATMÃ¢â?¬â?¢s
- Large site of 6.5427ha* that includes a Woolworths Petrol Plus and McDonalds
- Extended and upgraded in 2004/5 providing modern entrances, malls and store fit outs
- Surplus land of 1.212ha*
- Fully Leased Net Income of $3,416,670 pa*
Leased to Dec. 2019 Plus Options. Absolute Prime Main Street Position. 10 year lease from Jan. 2010 plus 5 + 5 year options. Modern ground floor bank premises plus 18 accommodation rooms on 1st floor. Large 766 sqm site with 8 covered carspaces at rear. Major regional city, population 18,500* persons. City underpinned by mining/minerals/tourism. 3% annual increases. Tenant pays outgoings as per lease. Net Income: $80,842 pa + GST.
Auction 2pm AEST Tuesday 14 April 50 Margaret Street Sydney