High yielding Investment... 13% return

24 Marshall Street

$150000

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

 

Fast facts:

Zoning—B2 Local Centre

Site area—370m2 (approx)

Building area—270m2 (approx)

Rates: $1,248.80

 

 

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.

 

  

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