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Target 74 Kendall Street Cowra, NSW 2794

Target 74 Kendall Street,
Cowra, NSW 2794

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10 year lease to Aug 2019 + Options

  • Dominant department store
  • Leased to Target Aust.
  • Massive 6,656sqm site
Cowra's dominant discount department store.
Entry level "big box" retail investment.
Lessee: Target Australia Pty Ltd (Coles Group).
Absolute main street position.
Substantial 3,398sqm 2 storey building + 86 cars.
Massive 6,656sqm land holding in Cowra's CBD.
Major $1.46 million refurbishment in 2009/10.
Majority outgoings paid by Target as per lease.
Annual 3% increases.
Cowra shire population circa 13,000.
Net income$209,655pa + GST.

For sale in Burgess Rawson Portfolio Auction 74 on:

Tuesday 7 August 2012 at 2:00pm
Mezzanine Level
50 Margaret Street, Sydney

For more information on this property and other auction listings visit:
www.inv estmentportfolioauction.com.au

Simon Staddon 0413 640 851
sstaddon@burgessrawson.com.au

Property ID: 500348419Last Updated: 13 Dec 2013

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Target 74 Kendall Street
Cowra, NSW 2794
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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