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Property main details

Commercial

  • Sold For $270,000
  • Retail

Specifications

  • Property Type
    Retail
  • Building
    120 m2
  • Land
    2911 m2

Commercial Investment Opportunity

This solid commercial investment opportunity that is sure to appeal to all savvy investors. Currently tenanted by a thriving local business, this property offers a solid return immediately along with further potential to develop the massive 2,911m2 block in the years to come.

Key features to this property include:
• Long term 5-year lease expiring 30th June 2024
• Approx. 30m highway frontage to the Grenfell Road (Mid Western Highway)
• Colorbond workshop with office space, kitchenette & toilet
• Land is zoned IN2 Light Industrial
• Large 2,911m2 block with further development potential
• Currently returning $16,120 pa + annual 3% CPI increase

** FREEHOLD ONLY - BUSINESS NOT FOR SALE **

Tenanted commercial properties such as this are few & far between call today to arrange your inspections or to obtain further information.

Adam Gambrill | M: 0417 533 453 | P: 02 6342 3422 | adam.gambrill@raywhite.com | facebook.com/adamgambrill.rwemc | Instagram: @adamgambrill.rwemc

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it.

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63 Grenfell Road Cowra 2794, New South Wales
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