Property - Freehold - Retail Shops
Business Code: CB1516
$1,300,000
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Key Features: Freehold Commercial property - Retail shops - Stable returns - SW NSW
State: NSW
Suburb: Bombala
Business Overview
Freehold property of 1014 sq. mts, with 3 fully leased retail shops fronting busy main street of this delightful town in the NSW Snowy Monaro district. - A further 3 bedroom air conditioned residential unit of 177 sq. mts., with 1 bathroom with 2 car garage is leased and sited behind shops and accessed via a laneway, which is included in the property. - Rates are $1,855 pa. - A respectable ROI of approx. 5% is currently returned to an astute investor. The current shop outlets include a financial management firm, tobacconist and a shop for landcare information.
Time to retire.
Sale Reason
2 owners.
Employees
Features
- Long established in a strong rural town close to major regional hub, and returning a stable return based on strong property valuations.
- The town is strategically located on the Monaro highway, with a population of 1,900, and has a diverse range of industries in the area.
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