Investment opportunity - Prime main Street location

55, 57-59 & 61 Marshall Street, Cobar

$250000

55, 57-59 & 61 MARSHALL STREET, COBAR

INVESTMENT OPPORTUNITY - PRIME MAIN STREET LOCATION
Prime retail precinct of Cobar fronting the Barrier Highway (Marshall Street)

Featuring 4 Stores in total (all currently leased)

Shop 55 (leased to local pharmacy)
- Achieving $150 per week ($600 per month )
- Lease term: 1/11/2017 to 31/10/2020 with option to renew for further 3 years

Shops 57 - 61 (leased to local retail store)
- Achieving $430 per week ($1,720 per month)
- Lease term: 1/12/2017 - 30/11/2020 with an option to renew for a further 3 years on shops 57- 59
- Lease term: 01/08/2019 - 31/07/2021 on shop 61

Tenants cover all outgoings (council rates, water and building insurance). These buildings are owned by a motivated vendor. Contact our office for further information.

 

 

 

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