* 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.
* Three (3) income streams on good leases - Established tenants within the Wauchope market.
* Tenants include: CTC - Cigarettes Tobacco Cigars franchisee - 171 franchises in 153 towns - recently renewed for a three (3) year plus three (3) year term through to 2026; local established bakery on balance of five (5) year lease with five (5) year option through to 2028 approx. - bakeries as a tenant are a good category usually well supported by locals and excellent ability to pay rental ; and local solicitor on two (2) year plus three (3) year option through to 2023 approx. - legal offices in general make excellent tenants and are well supported by the community and are in demand with estates, property transactions, wills etc
* Ideal for SMSF / Investors looking for easily managed investment property.
* Gross income $64,990 PA approx (Excluding GST).
* Estimated outgoing charges only $9,800 PA approx (including Council Rates: $4,586 PA, Land Tax Rateable Value $305,000; Building Insurances - $2,941 PA plus Water and General Maintenance).
* Nett income circa $55,152.00 PA approx.
* Freehold Land area of 563 sqm approx.
* Building improvements comprise a single level shopfront development with three (3) separate commercial tenancies - total lettable area of 169 sqm approx.
* Rear access for deliveries and six (6) cars spaces - two (2) per shop.
* Adjoining the IGA supermarket in one of Wauchope's busiest streets and near national retailers and major banks.
* Asbestos compliant reports available - all clear
* Call Raine & Horne Commercial for more information on Ph 6584 0544.
* 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.