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Sold on 1 Nov 2017

17-19 Spring Street Forbes NSW 2871

  • Offices
  • 821 m²
  • Sold

Affordable Freehold Investment ASX Listed Tenant

    Renewed 5 year lease to May 2022, plus option to 2027
    Elders Rural Services: ASX listed and leading Australian agribusiness experts in Insurance, Real Estate and Rural Services since 1839
    Prominent 2,024 sqm site boasting three frontages totalling 130 m providing outstanding exposure to major freight route, the Newell Highway
    Well presented functional 821 sqm freehold building plus hardstand
    Forbes: commercial hub of Forbes Shire, agricultural / wheat district of Central West NSW, trade catchment circa 9,200
    Annual CPI rent increases
    Lessee pays usual outgoings, as per lease (except Land Tax)
    Easily managed single tenant investment
    Current Net Income: $84,317 pa + GST

    Kieran Bourke
    Burgess Rawson Sydney
    Kieran Bourke
    Burgess Rawson Sydney

    Property Highlights

    Property ID2013896630
    Date Sold1 Nov 2017
    Floor Area821 m²
    Land Area2,024 m²
    ParkingAsk Agent
    Category
    Last updated  1 Nov 2017
    Map for 17-19 Spring Street Forbes NSW 2871
    Map for 17-19 Spring Street Forbes NSW 287117-19 Spring Street Forbes NSW 2871
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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.

    Kieran Bourke
    Burgess Rawson Sydney
    Kieran Bourke
    Burgess Rawson Sydney

    Property Highlights

    Property ID2013896630
    Date Sold1 Nov 2017
    Floor Area821 m²
    Land Area2,024 m²
    ParkingAsk Agent
    Category
    Last updated  1 Nov 2017
    Burgess Rawson Sydney
    Level 18, 15 Castlereagh Street Sydney NSW 2000
    Kieran Bourke
    Burgess Rawson Sydney
    Kieran Bourke
    Burgess Rawson Sydney

    Ask Kieran Bourke about this property

    Kieran Bourke

    Kieran Bourke

    Burgess Rawson Sydney

    0417 *** ***
    0417 418 007

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