256 Boorowa Street Young NSW 2594

Shop & Retail
5,481 m²
Sold

SECURELY LEASED TO HARDWARE GIANT - WHOLLY OWNED SUBSIDIARY OF METCASH

CBRE is delighted to offer MITRE 10 Young to the open market. The property offers an exciting investment opportunity benefiting from the following:

- Net Income: $163,890* + GST
- New 3 yr lease to 2020 with options to 2026
- CPI rent reviews - tenant pays 100% outgoings
- NLA: 2,471* sqm - well maintained building
- Large site: 5,481* sqm - dual street access - B4 Mixed Use
- MITRE 10: Australia's largest independent home improvement & hardware wholesaler with a network of over 400 stores owned by Metcash Limited (ASX Top 100 Company)
- Positioned on Young's main road opposite Woolworth's

*Approximate

AUCTION: Tuesday, 27 June 2017 at 10:30am.

AUCTION VENUE: Mezzanine Level, 50 Margaret Street, Sydney NSW 2000.

For further information please contact the exclusive agents at CBRE.

AUCTION

Auction date and time	27/06/2017 10:30
Auction location	50 Margaret Street, Sydney NSW 2000

Property Highlights

Date Sold	12 Jul 2017
Floor Area	Ask Agent
Land Area	5,481 m²
Parking	Ask Agent
Property ID	2013635704
Category	Shop & Retail Development / Land Showrooms / Bulky Goods
Last updated	20 Sep 2017

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Property Highlights

Date Sold	12 Jul 2017
Floor Area	Ask Agent
Land Area	5,481 m²
Parking	Ask Agent
Property ID	2013635704
Category	Shop & Retail Development / Land Showrooms / Bulky Goods
Last updated	20 Sep 2017