343-345 Clarinda Street Parkes NSW 2870

Shop & Retail
961 m²
Sold

Affordable Freehold Investment Lease to Automotive Retail Giant – 22 Years at this Location

Secure 6 year lease from April 2014 plus options until March 2026.
Repco at this location 22 years – Australiasia’s leading provider of automotive parts and accessories with 400 stores across Australia and New Zealand
Large 961 sqm site with improvements comprising a quality 775 sqm freehold building
Ideally positioned on Parkes’ main retail strip close to major banks and national retailers including Woolworths, Coles, IGA, Caltex, Woolworths Petrol and large medical centre
Parkes is a strong NSW growth region underpinned by mining, tourism, logistics, infrastructure, energy & agriculture
Parkes announced as a critical node on Melb-Bris Land & Rail project which recently received $8.4 billion Govt. investment
Attractive net lease with tenant paying usual outgoings, as per lease
Net Income: $42,247 pa + GST (est. at 1 April 2018)