Commercial Freehold with Solid, Long Term Lease Return

High exposure, MU1-Mixed zoned, freehold site located opposite Bunnings, Forty Winks, Pets Domain and close to other major retailers.
Its near new, 3 year commercial lease expiring October 2028 + 7 year option periods to renew, make this a solid commercial investment.
Commercial premises offers approx. 54sqm's net lettable area outdoor dining, proudly presented with amenities and storage room.
Commercial investors will be coaxed by its current lease income of $45,760 pa and lessee pays 100% council rates, water & utilities.
Built circa 1995, surprising with an approx. 200sqm, 4brm 1 bath residence on two levels with further potential to develop STCA. Enjoys main road frontage and exposure from this approx. 784.1sqm's site, the only eatery within 600m in this progressive location. Features 3ph power, natural gas, above-ground grease-trap, cool-room, secure off street parking and incomplete shed structure.
This is your chance to break into the tightly held commercial market - The vendor is divesting and prepared to meet the market. Being sold as a 'going concern' under lease.

Please Note: Whilst all care has been taken by Ray White Young to ensure accuracy in preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded t

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School catchments

Hennessy Catholic College Secondary 7-12 Catholic 0.65km
Young High School Secondary 7-12 Government 0.80km
Young Public School Primary K-6 Government 1.2km
St Mary's Primary School Primary K-6 Catholic 1.2km
New Madinah College Combined K-10 Independent 1.6km
Young North Public School Primary K-6 Government 1.7km
Maimuru Public School Primary K-6 Government 10.1km
Wombat Public School Primary K-6 Government 13.4km
Monteagle Public School Primary K-6 Government 14.2km
Murringo Public School Primary K-6 Government 21.0km
Wallendbeen Public School Primary Government 26.6km
Trinity Catholic Primary School Primary K-6 Catholic 26.7km
Murrumburrah Public School Primary K-6 Government 27.5km
Murrumburrah High School Secondary 7-12 Government 28.6km
Greenethorpe Public School Primary K-6 Government 36.4km
Koorawatha Public School Primary Government 39.6km
St Joseph's Primary School Primary K-6 Catholic 41.6km
Stockinbingal Public School Primary K-6 Government 42.5km
Boorowa Central School Combined K-12 Government 42.6km
Sacred Heart Central School Combined K-10 Catholic 43.0km
Cootamundra High School Secondary 7-12 Government 43.8km
The Henry Lawson High School Secondary 7-12 Government 46.8km
St Raphael's Catholic School Cowra Combined K-12 Catholic 64.8km
Cowra High School Secondary 7-12 Government 66.4km
Temora High School Secondary 7-12 Government 70.1km
St Anne's Catholic College Combined K-12 Catholic 70.6km
Yass High School Secondary 7-12 Government 81.6km
Gundagai High School Secondary 7-12 Government 84.7km
Junee High School Secondary 7-12 Government 89.0km

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.

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