61 Rankin Street Forbes NSW 2871
- Shop & Retail
- 601 m²
- Sold, $450,000
Entry Level Freehold Investment Prime CBD Location
New 3 year lease until March 2021 plus option until 2024.
Prime position on Forbes main retail strip opposite Target, close to Woolworths supermarket and major banks.
High profile 601 sqm corner site with recently refurbished retail premises (circa $30,000 spent).
Ladybird Boutique: longstanding fashion retail tenant established 30+ years.
Forbes: agricultural / wheat district of Central West NSW, 375 km west of Sydney & trade catchment circa 9,200.
Annual CPI increases.
Attractive net lease with tenant paying all outgoings.
Net Income: $40,820 pa + GST.