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Sold on 31 Aug 2020

1-6 Browne Street & 169 Clarinda Street Parkes NSW 2870

  • Shop & Retail
  • 5,264 m²
  • Sold

Enormous Regional Retail Investment Opportunity

    The Big W Centre Parkes is proudly presented by JLL onbehalf of our valued client For Sale by way of Public Auction on Thursday 31st October, 2019.

    The property consists of 11,242* sqm of land with one of Australia's largest retailers, Big W, and five specialty shops. Located on the main commercial strip of Parkes, the property provides quality parking opportunities and significant exposure.

    Amongst National tenants & high street retail
    Solid passing income plus upside
    On-site parking for approximately 206 cars
    Building area 5,264 sqm approximately
    Land area 11,242 sqm approximately

    Parkes is the centre of the inland rail network which commenced in 2018 and is set for completion in 2025. The Inland Railway is a railway construction project extending from Melbourne to Brisbane along a route west of the mountainous Great Dividing Range. The railway will transport freight between Melbourne and Brisbane with an anticipated transit time of less than 24hrs and most significant link to Perth & Western States.

    The Melbourne to Brisbane Inland Rail will be the critical backbone of transport and logistics driving our nation's global competitiveness into the future.

    For further information on the Parkes Logistics Hub, click

    Peter Seeto
    JLL - Sydney
    Peter Seeto
    JLL - Sydney

    Property Highlights

    Property ID2015707865
    Date Sold31 Aug 2020
    Floor Area5,264 m²
    Land Area1.12 ha
    ParkingOn site parking available
    Building TypeWhole building
    Category
    Last updated  17 Nov 2020
    Map for 1-6 Browne Street & 169 Clarinda Street Parkes NSW 2870
    Map for 1-6 Browne Street & 169 Clarinda Street Parkes NSW 28701-6 Browne Street & 169 Clarinda Street Parkes NSW 2870
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Peter Seeto
    JLL - Sydney
    Peter Seeto
    JLL - Sydney

    Property Highlights

    Property ID2015707865
    Date Sold31 Aug 2020
    Floor Area5,264 m²
    Land Area1.12 ha
    ParkingOn site parking available
    Building TypeWhole building
    Category
    Last updated  17 Nov 2020
    JLL - Sydney
    Level 25 420 George Street Sydney NSW 2000
    Peter Seeto
    JLL - Sydney
    Peter Seeto
    JLL - Sydney

    Ask Peter Seeto about this property

    Peter Seeto

    Peter Seeto

    JLL - Sydney

    +61 *** ***
    +61 400 222 666

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