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40-48 Rankin Street, Forbes, NSW 2871

40-48 Rankin Street, Forbes, NSW 2871

Retail Showrooms/Bulky Goods

  • For Sale
  • Contact Agent
  • Expression of Interest

2,138 sqm CBD Landholding Value for Money

  • Circa 9.25% Yield
  • Substantial improvements
  • Target + 4 shops

  • Land Area
  • 2138.00 m² (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Dec 30, 2019

Interested in this property? Contact an Agent today

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street

Sydney NSW 2000

Simon Staddon

2,138 sqm CBD Landholding Value for Money

Strategic site occupying half city block
Target (Wesfarmers) anchored investment
3 street frontages totalling 164 metres
Net lease, Target pays outgoings, as per lease
Guaranteed rental growth, fixed 3% annual rental increases
Major value add opportunity
Net Income: $130,000 pa + GST

For Sale by Deadline Private Treaty
Closing 4pm Thursday 14 November 2019 (unless sold prior)
Indicative Price: $1,400,000 (Circa 9.25% Yield)

40-48 Rankin Street, Forbes, NSW 2871

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