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68-70 Cobar Street
Nyngan NSW 2825
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Sold on 4 Apr 2017

68-70 Cobar Street Nyngan NSW 2825

  • Shop & Retail
  • Sold

Modern Supermarket Investment. New 12 Year Lease - Excellent Value.

New 12 year lease to 2029 + options to 2039.
Modern Supermarket & liquor store with plentiful undercover parking.
FoodWorks: group boasts 635 Supermarkets nationwide and $2 billion in annual sales.
Strong established business with limited local competition.
Substantial tenant investment in cooling equipment and store fit-out.
10 year old building with significant depreciation available.
Nyngan – strategically located at the junction of the Mitchell and Barrier Highways.
Integral part of the Dubbo/Orana region with population 120,000+, generating $7 billion in GRP.
Opp. council building & court house and near Town Hall and Post Office.
Fixed 3% annual rental increases (net rent in 2028 $137,551).
Easily managed, single tenant investment.
Tenant pays outgoings, as per the lease.
Net Income: $99,370 pa + GST.

Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold4 Apr 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013434686
Category
Last updated  25 Sep 2017
Map for 68-70 Cobar Street Nyngan NSW 2825

Nearest transport* to 68-70 Cobar Street Nyngan NSW 2825

Bus
Train
Tram
Ferry
Pangee St After Dandaloo St213 m
Nyngan Coach Stop245 m
Wambiana St Before Tabratong St392 m
St Joseph's Parish Primary School, Warren St397 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold4 Apr 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013434686
Category
Last updated  25 Sep 2017

Listed by

Rhys Parker
Rhys Parker
Burgess Rawson Sydney
Call
0451 101 042

More about 68-70 Cobar Street Nyngan NSW 2825

68-70 Cobar Street Nyngan NSW 2825 is categorized as Shop & Retail Property. The listing ID for this property is 2013434686.