Description

An outstanding opportunity to secure a quality commercial investment in the heart of Coonamble, offering a combination of modern presentation, reliable rental income, and excellent long-term lease security.

Recently renovated to meet modern business needs, this versatile commercial property features a large open-plan area, kitchenette, and bathroom facilities, providing a functional and welcoming environment suitable for a range of business operations.

The property has been freshly painted and upgraded with new flooring and lighting, along with heating and cooling for year-round comfort.

Investment Highlights:

• Current rental income of $30,000 per annum (plus GST)
• Secure initial 5-year lease
• Further option of 5 years plus an additional 5-year option (5 x 5 x 5)
• Annual CPI rent reviews, providing rental growth over the lease term.
• Tenant responsible for all property outgoings, including council rates and water.
• Recently renovated with modern improvements
• Convenient commercial location in the heart of Coonamble

With a secure tenant in place, annual rental reviews, and the tenant responsible for all outgoings, this property presents an attractive opportunity for investors seeking a commercial asset with dependable income and long-term potential.

Whether you are expanding an existing portfolio or looking to secure your first commercial investment, 40 Castlereagh Street is an opportunity well worth considering.

Secure your next investment in the heart of Coonamble!

Give Fiona a call today!