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Burgess Rawson - Sydney

250-268 Clarinda Street Parkes, NSW 2870

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250-268 Clarinda Street,
Parkes, NSW 2870

Shops & Retail • Other

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Burgess Rawson - Sydney
Rhys Parker
Luke Easton
Flynn McFall

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
Burgess Rawson - Sydney
250-268 Clarinda Street
Parkes, NSW 2870

Map of 250-268 Clarinda Street

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Prime CBD Discount Dave’s Anchored Retail Investment

  • Prime 3,192 sqm* Freehold Landholding
  • Fully Leased High Exposure Freehold
  • Attractive E1 Local Centre Zoning
Burgess Rawson is pleased to offer to the market 250-268 Clarinda Street & 33 Court Street, Parkes NSW for sale via our Investment Auction Portfolio 172.

The opportunity has the following investment highlights:

+ Anchored by 5 year lease to 2028 to Discount Dave’s – operated by The Bernardi Group, operator of Supermarkets & discount stores with 500+ staff
+ Fully leased high exposure retail investment, strategically positioned in Parkes CBD
+ Total of 4 tenants providing diverse income streams
+ Fixed 3% annual rental increases, as per leases, providing enviable rental growth
+ Comprising some 3,192 sqm* – 250-268 Clarinda Street 2,427 sqm* & 33 Court Street 765 sqm*
+ Attractive E1 Local Centre zoning allowing for multiple uses (STCA)
+ Convenient location near Big W, Coles, Woolworths, Reject Shop & Westpac
+ The Parkes Region, perfectly positioned at the heart of Central West NSW is a thriving regional growth centre with a robust and diverse economy & generates a Gross Regional Product of over $900 million per year
+ Net Income: $124,190 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx.

Property ID: 504465108Last Updated: 31 Oct 2024

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