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130 Wee Waa Street Boggabri, NSW 2382

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130 Wee Waa Street,
Boggabri, NSW 2382

Shops & Retail • Other

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$400,000

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Map of 130 Wee Waa Street

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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)


Property ID: 503775434Last Updated: 8 Sep 2023

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04078352...
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130 Wee Waa Street
Boggabri, NSW 2382
KR Property - NARRABRI
12 Doody Street
NARRABRI, NSW 2390

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