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
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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...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
130 Wee Waa Street
Boggabri, NSW 2382
KR Property - NARRABRI12 Doody Street
NARRABRI, NSW 2390
NARRABRI, NSW 2390
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