Solid Long Term Investment

31-33 Linsley Street

$480

$480,000 + gst if applicable

If you're looking  for a solid Investment opportunity in Cobar this is it!  Currently tenanted by a long standing stock and station business  - this investment offers a 3 x 3 year lease with a return of  9% approx.

 

Comprising 7 office spaces, open showroom/retail space, large back shed with side lane access and excellent street exposure on busy Linsley Street, only 150m from the Post office, council offices and IGA Supermarket.

 

Main office area freshly updated in 2014, including new flooring and the installation of 5 new office spaces.

 

Internal store room with shelving and upstairs loft
archive area + archive shelving

 

Kitchenette with pantry and sink facilities & 2 toilets with shower

 

Large back shed with chemical cage + shelving

 

Internal alarm system

 

Reverse cycle air conditioning (new 2015) in office area, 2 x split system units to showroom and 1 x split system unit to 1 office. 

 

Investment return $44,000 incl GST + outgoings

3 year lease to 2023 with the option of a further 3 years

Site area 940.7sqm

Zoned B2 Local Centre

 

*Agent Interest