130 Wee Waa Street,
Boggabri, NSW 2382
Shops & Retail • Other
Price information
Sold
$400,000
Key property information
Land area
Floor area
Car spaces
Parking info
Zoning
Tenure type
Sold on
Return
Map of 130 Wee Waa Street
10% GROSS RETURN - LUCRATIVE INVESTMENT OPPORTUNITY
located on the Kamilaroi Highway near substantial mining operations, this is a modern, fully developed café & commercial bakery with ample space to grow.
• This is a popular truck stop, with ample truck parking.
• Large 1,349sqm fully fenced block that has rear lane access & space to add a drive-through business if desired.
• The building has had substantial renovations with the addition of a commercial kitchen/bakery in 2015.
• It provides an outdoor covered dining area, side patio, and wheelchair access.
• Indoor dining room with a bathroom, reverse cycle air conditioning, service counter, commercial kitchen with industrial ovens, stainless steel benches, display fridges, and 4 x cool rooms.
• With a 9.6% return and a new 5-year lease (with the option to renew for another 5 years) signed at $902.00 per week plus CPI increases &
outgoings (excluding insurance) this is a very lucrative investment for the astute investor.
The area is currently experiencing strategic growth, backed by a strong economic forecast, and approved large-scale projects such as several large-scale mines in the area as well as the approval for the natural gas plant and Narrabri Inland Rail. Itinerant workers traveling from Gunnedah, Narrabri, Manilla, Tamworth & surrounds are currently utilizing the building for staff training and catering services as well as general meals & crib meals. (Inventory list can be provided)
• This is a popular truck stop, with ample truck parking.
• Large 1,349sqm fully fenced block that has rear lane access & space to add a drive-through business if desired.
• The building has had substantial renovations with the addition of a commercial kitchen/bakery in 2015.
• It provides an outdoor covered dining area, side patio, and wheelchair access.
• Indoor dining room with a bathroom, reverse cycle air conditioning, service counter, commercial kitchen with industrial ovens, stainless steel benches, display fridges, and 4 x cool rooms.
• With a 9.6% return and a new 5-year lease (with the option to renew for another 5 years) signed at $902.00 per week plus CPI increases &
outgoings (excluding insurance) this is a very lucrative investment for the astute investor.
The area is currently experiencing strategic growth, backed by a strong economic forecast, and approved large-scale projects such as several large-scale mines in the area as well as the approval for the natural gas plant and Narrabri Inland Rail. Itinerant workers traveling from Gunnedah, Narrabri, Manilla, Tamworth & surrounds are currently utilizing the building for staff training and catering services as well as general meals & crib meals. (Inventory list can be provided)
Property ID: 503775434Last Updated: 8 Sep 2023
04078352...
130 Wee Waa Street
Boggabri, NSW 2382
KR Property - NARRABRI12 Doody Street
NARRABRI, NSW 2390
NARRABRI, NSW 2390
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
286 Conadilly Street,Gunnedah, NSW 2380 446 m²Shops & Retail • Offices • Medical & Consulting
Contact Agent
Imagine Childcare, 81-85 Stock Rd,Gunnedah, NSW 2380 801 m²Medical & Consulting • Shops & Retail • Showrooms & Large Format Retail
Contact Agent
232-234 Conadilly Street,Gunnedah, NSW 2380 1 m²Shops & Retail • Showrooms & Large Format Retail • Offices