Iconic Parkes “Town Clock” Investment CBRE is pleased to present 157-159 Clarinda Street, Parkes a freehold commercial investment property located within the heart of Parkes.
- Entry level investment property
- Annual net income $43,820.71~
- Established national tenants
- Land size of 822sqm*
- Significant growth region
- Iconic “Town Clock” building within Parkes and hold as an investment
The property will be sold by way of Public Auction:
Wednesday, 22nd March 2017 at 11:00am
Level 29, 177 Pacific Highway, North Sydney NSW 2060
Multi National Tenant 'Landmark Operations Ltd'. As New Office Warehouse. Secure 5 + 5 year lease through to 2025. Tenant owned by Agrium Group, worlds largest public supplier of agribusiness products and services, US $15.7 Billion revenue 2013. Landmark, 400 locations across Australia. Large 2,395 sqm corner site with 90 m dual street frontage. Modern 599 sqm complex comprising 238 sqm office and 361 sqm warehouse with 8 on-site car spaces. Located in emerging business park amongst Harvey Norman, Reece, Beaurepairs & proposed new Masters store. Lessee pays all usual outgoings including Land Tax, as per lease. Net Income: $72,053 pa + GST.
Harvey Norman. Circa 9.5% Net Yield. Long term tenure by Harvey Norman trading from this site for over 20 years. Modern 2,177 sqm freestanding showroom with extra wide frontage allowing easy future subdivision. Below market rental rate allows for future rent growth whilst helping ensure the continued long term tenure of Harvey Norman. Large 8,031 sqm site with 92 customer parking spaces. Booming regional NSW mining, tourism, logistics, agricultural centre with 15% population growth (source ABS). Servicing 55,624 strong retail catchment trade area. Premier Bulky Goods zone surrounded by other national retailers and opposite futur...
Brand New 7 Year Lease + Option. Affordable Freehold Retail Investment. Brand new 7 year lease + 5 year option. Business established over 14 years in strong location. High quality recent refurbishment, not a cent to spend! Freehold property in absolute heart of Parkes CBD. Excellent trading position close to major banks and between busy Soul Pattinson Chemist and Parkes Newsagency. Rear access and off street parking. Major regional city underpinned by strong agricultural region, mining and transport/logistics. Affordable investment â?? great starter. Motivated vendor committed to sell. Net Income: $44,700 pa + GST.