* Being Sold subject to existing leases
* Freehold Title - 7 shopfronts - fully leased (Comprising 27 high Street; 1, 2&3/31 High Street and 1, 2, 3 & 4/21 Bransdon Street buildings)
* Corner position on Main Street/Oxley highway feeder to Walcha and Tamworth
* All shopfronts offer direct street frontage
* Gross income: $234,947.00 PA ex GST approx as at 8.8.23
* Outgoings costs provided by vendor total $46,497.43 PA ex GST approx (2022/2023 fin year), and include Council rates, Building insurances, common area electricity, water usage (after recovery charges), amenities cleaning and sanitary, common area pest control, fire compliance/inspections, garbage removal and land tax (nil on single holding assessment)
* Nett income projected $188,477.17 PA ex GST
* Ideal for SMSF / Investors looking for easily managed investment property. (Please seek your own investment advice as to the suitability of this property )
* Freehold Land area of 1,029 sqm approx.
* Building improvements comprise a total lettable area of 706 sqm approx, with Six (6) onsite cars spaces
* Adjoining the IGA supermarket in one of Wauchope's busiest streets and near national retailers and major banks.
* Surplus to owners requirements
* Time to act if you are interested in securing a CBD Investment opportunity in Wauchope, NSW - 20 mins West of Port Macquarie and part of the Port Macquarie Hastings Council LGA - high population growth region.
* We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
* Raine & Horne Commercial
Luke Horton 0417 406 4...
Shop 3, 136 William Street, Port Macquarie
T : 02 6584 05...