Watch Watch
Back
×
Sold Check
+8 Photos
17-19 Spring Street, FORBES, NSW, 2871

2. Property Highlights

Affordable Freehold Investment ASX Listed Tenant
  • Renewed New 5 Year Lease to 2027
  • Leased to Leading Agribusiness Elders
  • Tenant responsible for usual outgoings

+Renewed 5 year lease to May 2027

+Elders Rural Services: ASX listed and leading Australian agribusiness experts in Insurance, Real Estate and Rural Services since 1839

+Prominent 2,024 sqm site boasting three frontages totalling 130 m providing outstanding exposure to major freight route, the Newell Highway

+Well presented functional 821 sqm freehold building plus hardstand

+Forbes: commercial hub of Forbes Shire, agricultural / wheat district of Central West NSW, 375km west of Sydney with a trade catchment circa 9,934.

+Annual CPI rent increases

+Lessee pays usual outgoings, as per lease

+Newly add options assuring tenant long-term commitment

+Single tenant, minimal management investment

+Current Net Income: $87,095 pa + GST

For Sale by Auction

10.30am (AEST) Tuesday 2 August 2022

Yallamundi Rooms, Sydney Opera House

Remember to mention you found this property on CommercialReady

Read More

3. Property Location

17-19 Spring Street, FORBES, NSW, 2871

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
17-19 Spring Street, FORBES, NSW, 2871 Forbes
Burgess Rawson - Sydney
Burgess Rawson - Sydney
Level 11, 9 Castlereagh Street, Sydney NSW 2000, Australia
calculator-icon Yield Calculator
calcultor-icon Yield Calculator