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5A Rivers Street,
Inverell 2360, New South Wales

1 bedroom
1 bathroom
12 car spaces
475m² land size
236m² building size
Other

$410,000

Property details

SOLD BY RON BERKLEY OF RAY WHITE RURAL INVERELL COMMERCIAL

Ron Berkley and the Ray White Inverell Team offer 'For Sale' this tightly held investment property. Set on a 475sqm allotment with a 236sqm building surrounded by Government Services, Medical Services and Professional Service tenants such as Inverell Shire Council, Centrelink, Local Courthouse, Police Station, Post Office, Government Office Building, New Medical Centre, Skybridge Financial and the a new proposed motel to be constructed. The property is ideally suited to professional services , offices or medical services offering a efficient floor plan with natural light, several accesses and good on and off street parking for staff and clients. The building has a long term sound tenant history being able to boast only two occupants in the last 50 years.

Currently leased to a sound tenant with the key terms being:
3 Year lease.
$36,000 per annum plus outgoings.
Annual rent increase reviews.
Options to renew.
Council rates are $4,446.44 per annum.

Key building features:
Reception area, 7 offices, board room, staff work area, two storerooms, separate staff amenities/toilets, ducted reverse cycle air-conditioning, alarm system, strong room and 5 car parks.

Being offered 'For Sale' as the current vendors restructure their property portfolio.

For a full information pack or to arrange an inspections contact Ron Berkley 0417-612 660 or ron.berkley@raywhite.com

Explore the area

School catchments

  • Inverell Public School Primary K-6 Government 0.92km
  • Ross Hill Public School Primary K-6 Government 1.4km
  • Holy Trinity School Combined K-10 Catholic 1.6km
  • Gilgai Public School Primary K-6 Government 8.4km
  • Gum Flat Public School Primary K-6 Government 13.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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