8 Barton Street Cobar NSW 2835
- Shop & Retail
- 670 m²
- For Sale, $450,000 No GST
Outstanding Investment Opportunity - approximately 9% return
Located in the commercial hub of Cobar and once formally known as the Rural Bank, has since been developed into a high yielding business opportunity offering 2 separate tenancies.
Gross rent $44,250 p/a (Exc. GST). Sold as going concern.
The ground floor is leased to a long standing stationery business servicing the local community and large mining sector. Comprising of a large open floor area with disabled access, 3 office spaces, vault room, kitchenette, rear delivery area and reverse cycle ducted air conditioning. Located upstairs is a spacious 5 bedroom residence with a modern kitchen and bathroom and separate undercover parking and reverse cycle ducted air conditioning.
8 Barton StreetTenant: Stationery Essentials
Current lease agreement 5 years, commenced 2019
Rent: $26,000 p/a (Exc. GST)
8A Barton Street Tenanted 5 bedroom residence
Current lease agreement six months, commenced March 2020
Rent: $18,250 p/a (Exc. GST)
Cobar is a long established centre for mining and a vibrant western town located on the crossroads of two major highways.
ZoningB2 Local Centre
Information memorandum with full tenancy details available upon request.
|Floor Area||Ask Agent|
|Land Area||670 m²|
|Annual Return||Ask Agent|
|Last updated||16 Apr 2020|
- Commercial loan calculator
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Find out your loan options
Our partners at Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.