Yass is an expanding sattellite town of Canberra with a population around 5,400. It is booming largely to people opting to commute to Canberra and people living on Hobby farms. The town is also popular with retiree's and tourists.
With its rich rural landscape and restored heritage buildings, Yass is a charming and vibrant town that is 30 minutes from Canberra and a three and a half hour drive from Sydney.
The property is located just off the impressive main street and is a large single level building that comprises a showroom at the front and storeroom and workshop accommodation at the rear.
•New 5 + 5 year double net lease with attractive 8% net yield and yearly reviews
•Established and reliable tenant with strong corporate backing
•Strategic sized land parcel of 3952sqm., fully zoned 3 (a) Business
•Modest rental of $110 sqm. on Gross Floor Area of shop/warehouse, including huge yeard area with side lane access
•Excellent opportunity to secure a high yield investment in a small satelitte town of Canberra
•Asking price $1,600,000 as a 'Going Concern'