High yielding Investment... 13% return
24 Marshall Street
This excellent high quality commercial building is positioned with prime retail frontage in Cobar’s main retail strip, Marshall Street.
Comprising of an expansive modern floor area, split system air conditioning, kitchenette, men's and ladies amenities and large storage capacity with access to the rear lane.
Tenant: Furniture One
Current lease agreement 2 years, commenced September 2019
Gross rent: $18,250 p/a, sold as going concern
Zoning—B2 Local Centre
Site area—370m2 (approx)
Building area—270m2 (approx)
Cobar is a long established centre for mining and a vibrant western town located on the crossroads of two major highways, approximately 700km from Sydney and 800km from Melbourne.
This fantastic opportunity will suit an owner occupier and/or astute Investor.
Residential Sales Consultant
0408 362 268