172-174 Summer Street,
Orange, NSW 2800
Shops & Retail
Price information
Sold
$1,290,000
Key property information
Floor area
Tenure type
Sold on
Map of 172-174 Summer Street
Affordable CBD Freehold Fast Food Retail Investment. Multinational Brand Tenant.
Secure long 7 year lease to 2022 + 7 year option to 2029.
Zambrero, the largest Mexican restaurant franchise in Australia, with over 110 restaurants across Australia, New Zealand, Thailand and Ireland.
Orange, key regional city with established and growing resident population.
Home to 41,809 people, boasting $2.64 billion Gross Regional Product.
High exposure busy main street location with front + rear access.
Adjacent to freestanding Woolworths & surrounded by many national brands and major banks.
Easily managed single tenant investment.
Strong lease security, 6 months bank guarantee.
Two levels with separate access providing future income/development upside potential (STCA).
Attractive 3.5% fixed annual rental increases.
Net Income: $73,860 pa + GST (from 1 July 2016). (approx.)
Zambrero, the largest Mexican restaurant franchise in Australia, with over 110 restaurants across Australia, New Zealand, Thailand and Ireland.
Orange, key regional city with established and growing resident population.
Home to 41,809 people, boasting $2.64 billion Gross Regional Product.
High exposure busy main street location with front + rear access.
Adjacent to freestanding Woolworths & surrounded by many national brands and major banks.
Easily managed single tenant investment.
Strong lease security, 6 months bank guarantee.
Two levels with separate access providing future income/development upside potential (STCA).
Attractive 3.5% fixed annual rental increases.
Net Income: $73,860 pa + GST (from 1 July 2016). (approx.)
Property ID: 501978306Last Updated: 28 Aug 2016
04511010...
172-174 Summer Street
Orange, NSW 2800
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