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Sold on 12 Apr 2018

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.

    Kieran Bourke
    Burgess Rawson Sydney
    Kieran Bourke
    Burgess Rawson Sydney

    Property Highlights

    Property ID2014244290
    Date Sold12 Apr 2018
    Sold Price$450,000
    Floor Area601 m²
    Land Area601 m²
    ParkingAsk Agent
    Category
    Last updated  12 Apr 2018
    Map for 61 Rankin Street Forbes NSW 2871
    Map for 61 Rankin Street Forbes NSW 287161 Rankin Street Forbes NSW 2871
    Kieran Bourke
    Burgess Rawson Sydney
    Kieran Bourke
    Burgess Rawson Sydney

    Property Highlights

    Property ID2014244290
    Date Sold12 Apr 2018
    Sold Price$450,000
    Floor Area601 m²
    Land Area601 m²
    ParkingAsk Agent
    Category
    Last updated  12 Apr 2018
    Burgess Rawson Sydney
    Level 18, 15 Castlereagh Street Sydney NSW 2000
    Kieran Bourke
    Burgess Rawson Sydney
    Kieran Bourke
    Burgess Rawson Sydney
    Kieran Bourke

    Kieran Bourke

    Burgess Rawson Sydney

    0417 *** ***
    0417 418 007

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