17-19 Spring Street Forbes NSW 2871

Offices
2,024 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

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	31 Oct 2017
Floor Area	Ask Agent
Land Area	2,024 m²
Parking	Ask Agent
Property ID	2013896630
Category	Offices Factory, Warehouse & Industrial Showrooms / Bulky Goods
Last updated	1 Nov 2017

Map for 17-19 Spring Street Forbes NSW 2871

Nearest transport* to 17-19 Spring Street Forbes NSW 2871

Bus

Sheriff St At Sir Francis Forbes Dr	47 m
Sir Francis Forbes Dr At Sherriff St	75 m
Spring St At Lachlan St	168 m
Cross St At Lachlan St	198 m

*Within a 4km radius

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	31 Oct 2017
Floor Area	Ask Agent
Land Area	2,024 m²
Parking	Ask Agent
Property ID	2013896630
Category	Offices Factory, Warehouse & Industrial Showrooms / Bulky Goods
Last updated	1 Nov 2017