Opportunity knocks

103 Marshall Street

21 Beds 20 Baths 13 Spaces

$699000

This is an outstanding opportunity to secure an investment property located on the Barrier Highway with a strong trading history that takes full advantage of the ever increasing drive in drive out clientele, 103 Marshall Street offers a current lease term of  2 years to 2021 with an annual return of $87,000 + GST + outgoings.

 

• Offering 20 fully self contained, individually metred units—7 brick and 13 transportable
• All units offer air conditioning and most have been renovated, 13 of the units feature carports
• Easy care free grounds offering sealed all a weather road, low maintenance gardens and fully fenced security fencing around the complex.
• Shared laundry
• Solar panels for energy efficiency
• 7m x 7m lock up shed + 3m x 3m enclosed storage area (approx.) within a separately fenced compound
• Positioned on a large 7,735m2 block with the option to further increase accommodation needs (STCA)
• DA approved until 2022 for installation of large shed

 

Cobar is a bustling and prosperous town with a strong mining history—copper, lead, silver, zinc, gold—and supporting industries, trades, retail and agriculture

 $840,000 + GST if applicable