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256 Boorowa Street, Young, NSW 2594

256 Boorowa Street, Young, NSW 2594

Retail Showrooms/Bulky Goods Land/Development

  • Sold Contact Agent
  • Wed 12-Jul-17

SECURELY LEASED TO HARDWARE GIANT - WHOLLY OWNED SUBSIDIARY OF METCASH

  • Net Income: $163,890*
  • 3 year lease + options to 2026
  • Large mixed use site: 5,481sqm*

  • Land Area
  • 0.55ha (1.35 acres) (approx)
  • Floor Area
  • 2,471 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Oct 10, 2019
  • Parking Comments
  • On-site parking
  • Zoning
  • B4 Mixed Use

Interested in this property? Contact an Agent today

CBRE - Sydney North

Level 29, 177 Pacific Highway

North Sydney NSW 2060

Edwina McLeay

SECURELY LEASED TO HARDWARE GIANT - WHOLLY OWNED SUBSIDIARY OF METCASH

CBRE is delighted to offer MITRE 10 Young to the open market. The property offers an exciting investment opportunity benefiting from the following:

- Net Income: $163,890* + GST
- New 3 yr lease to 2020 with options to 2026
- CPI rent reviews - tenant pays 100% outgoings
- NLA: 2,471* sqm - well maintained building
- Large site: 5,481* sqm - dual street access - B4 Mixed Use
- MITRE 10: Australia's largest independent home improvement & hardware wholesaler with a network of over 400 stores owned by Metcash Limited (ASX Top 100 Company)
- Positioned on Young's main road opposite Woolworth's

*Approximate

AUCTION: Tuesday, 27 June 2017 at 10:30am.

AUCTION VENUE: Mezzanine Level, 50 Margaret Street, Sydney NSW 2000.

For further information please contact the exclusive agents at CBRE.

256 Boorowa Street, Young, NSW 2594

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