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14 Forbes Street Parkes NSW 2870

  • Retail
  • 852 m²
  • Commercial Auction

Superb Quality Investment 10 Year Lease to ASX Listed Tenant

Secure lease of 10 + 5 + 5 years expiring in August 2037
Leased to Supercheap Auto, over 325 stores in Australia and NZ
Supercheap is part of ASX listed Super Retail Group incl. Rebel, BCF and Macpac

Auction
11am AEST Tuesday 17 September 2019
Doltone House Hyde Park, Sydney

As new premises built in 2017
Prominent 1,854 sqm highway site with 22 car spaces
Fixed 3% annual rent increases
Parkes: prosperous NSW town, 365 km from Sydney with strong industries incl. agriculture, medical, tourism, mining and transport infrastructure development
Parkes is a critical node on Melb-Bris Land & Rail project $8.4 billion Government investment
Tenant pays all outgoings as per lease incl. management fees

Net income $153,830 + GST (increasing to $189,191 in 2026)

Auction date and time17/09/2019 11:00
Auction location14 Forbes Street, Parkes NSW

Property Highlights

Property ID2015528080
Floor Area852 m²
Land Area1,854 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  20 Aug 2019
Map for 14 Forbes Street Parkes NSW 2870
Burgess Rawson Sydney
Level 18, 15 Castlereagh Street Sydney NSW 2000

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