25A & 25B Church Street,
Parkes, NSW 2870

Secure long-term healthcare tenant providing consistent rental income of $133,127.04 per annum in the booming town of Parkes, NSW.

Positioned in a prime location, in the Parkes central business district. Not only does this property offers exceptional visibility and accessibility, it also has historic street appeal and is located near key transport routes, including the Newell Highway and the Parkes Intermodal National Logistics Hub.

Parkes is set for unprecedented growth, backed by significant infrastructure investment from the NSW Government, major mining projects, Inland Rail, and export growth. With freight transport expected to surge by 2034 and overnight delivery available to 80% of Australia's population, the region is a key player in the future of national logistics.

Lease Term: 5 years with an option for an additional 5 years (until 2033)
Outgoings paid by tenant: Strata, council rates, and water rates.
Projected Growth: The Central West is anticipated to contribute $17.4 billion to Australia's economy by 2031
Lease Details: 5-year term (July 17, 2023 - July 16, 2028), with a 5-year option (July 17, 2028 - July 16, 2033).
Outgoings Paid by Tenant:

Lot 1 (25A Church St):
Strata: $4,021 p.a.
Council Rates: $2,124 p.a.
Water Rates: $564.75 p.a.

Lot 2 (25B Church St):
Strata: $1,628 p.a.
Council Rates: $1,148 p.a.
Water Rates: $496 p.a.

The available lots have been identified as being located in an area zoned B2 - Local Centre, under the provisions of the Parkes Local Environmental Plan 2012 Land Zoning Map.

This is an exceptional investment opportunity in a location set to benefit from sustained infrastructure growth. Don't miss out on the chance to invest in one of Australia's most strategically important regions.

To be sold by auction 31st October 2024. Contact selling agent Jim O'Donoghue on 0461 441 5... to arrange a private inspection.