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.