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201-207 Grey Street
Glen Innes NSW 2370
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Sold on 23 Feb 2016

201-207 Grey Street Glen Innes NSW 2370

  • Shop & Retail
  • 1 m²
  • Sold, $1,415,000

Modern Large Format Retail Building. Strong Branded Investment.

Secure 6 year lease until 2019 to The Reject Shop + options until 2025.
The Reject Shop: dominant market trader, ASX listed tenant $756.8M in sales, $14.2M net profit and over 330 stores.
Glen Innes: located less than 100 kilometres from Armidale on the New England Hwy which forms a major part of the Sydney to Brisbane national highway route.
Attractive 3% fixed annual rental increases.
Absolute prime main street retail location.
High quality retail building with commanding frontage.
Modern building constructed circa 2012; depreciation benefits.
Easily managed single tenant investment.
Estimated Net Income: $121,280 pa + GST.

AUCTION

Auction date and time23/02/2016 11:00
Auction locationDoltone House Hyde Park

Property Highlights

Date Sold23 Feb 2016
Sold Price$1,415,000
Floor AreaAsk Agent
Land Area1 m²
ParkingAsk Agent
Property ID2012548702
Category
Last updated  23 Feb 2016
Map for 201-207 Grey Street Glen Innes NSW 2370

Nearest transport* to 201-207 Grey Street Glen Innes NSW 2370

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Property Highlights

Date Sold23 Feb 2016
Sold Price$1,415,000
Floor AreaAsk Agent
Land Area1 m²
ParkingAsk Agent
Property ID2012548702
Category
Last updated  23 Feb 2016

Listed by

Rhys Parker
Rhys Parker
Burgess Rawson Sydney
Call
0451 101 042

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