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250-268 Clarinda Street, Parkes, NSW, 2870

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250-268 Clarinda Street, Parkes, NSW, 2870

250-268 Clarinda Street, Parkes, NSW, 2870

Properties / Buy / New South Wales / Parkes
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Price on Request
Land Area
3,192 m² (*approx)
Floor Area
1 m² (*approx)
Property Type
Retail, Other
Terms
5 year lease to 2028
Est. Income
$150,842 p/a
Fully Leased
Discount Dave’s
Show All

2. Property Highlights

Prime CBD Discount Dave’s Anchored Retail Investment
  • Prime 3,192 sqm* Freehold Landholding
  • Fully Leased High Exposure Freehold
  • Attractive E1 Local Centre Zoning

Burgess Rawson is pleased to offer to the market 250-268 Clarinda Street & 33 Court Street, Parkes NSW for sale via our Investment Auction Portfolio 172.

The opportunity has the following investment highlights:

+ Anchored by 5 year lease to 2028 to Discount Dave’s – operated by The Bernardi Group, operator of Supermarkets & discount stores with 500+ staff

+ Fully leased high exposure retail investment, strategically positioned in Parkes CBD

+ Total of 4 tenants providing diverse income streams

+ Fixed 3% annual rental increases, as per leases, providing enviable rental growth

+ Comprising some 3,192 sqm* – 250-268 Clarinda Street 2,427 sqm* & 33 Court Street 765 sqm*

+ Attractive E1 Local Centre zoning allowing for multiple uses (STCA)

+ Convenient location near Big W, Coles, Woolworths, Reject Shop & Westpac

+ The Parkes Region, perfectly positioned at the heart of Central West NSW is a thriving regional growth centre with a robust and diverse economy & generates a Gross Regional Product of over $900 million per year

+ Net Income: $124,883 pa* + GST

To be sold by Investment Portfolio Auction

10:30am AEDT Tuesday 29 October 2024

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail, Other
Est. Income
$150,842 p/a
Tenant
Discount Dave’s
Terms
5 year lease to 2028
Land Area
3,192 m² (*approx)
Floor Area
1 m² (*approx)
Selling Method
Auction
Auction Date
29 Oct 2024 10:30AM
Selling Details
Price on Request

2. Property Highlights

Prime CBD Discount Dave’s Anchored Retail Investment
  • Prime 3,192 sqm* Freehold Landholding
  • Fully Leased High Exposure Freehold
  • Attractive E1 Local Centre Zoning

Burgess Rawson is pleased to offer to the market 250-268 Clarinda Street & 33 Court Street, Parkes NSW for sale via our Investment Auction Portfolio 172.

The opportunity has the following investment highlights:

+ Anchored by 5 year lease to 2028 to Discount Dave’s – operated by The Bernardi Group, operator of Supermarkets & discount stores with 500+ staff

+ Fully leased high exposure retail investment, strategically positioned in Parkes CBD

+ Total of 4 tenants providing diverse income streams

+ Fixed 3% annual rental increases, as per leases, providing enviable rental growth

+ Comprising some 3,192 sqm* – 250-268 Clarinda Street 2,427 sqm* & 33 Court Street 765 sqm*

+ Attractive E1 Local Centre zoning allowing for multiple uses (STCA)

+ Convenient location near Big W, Coles, Woolworths, Reject Shop & Westpac

+ The Parkes Region, perfectly positioned at the heart of Central West NSW is a thriving regional growth centre with a robust and diverse economy & generates a Gross Regional Product of over $900 million per year

+ Net Income: $124,883 pa* + GST

To be sold by Investment Portfolio Auction

10:30am AEDT Tuesday 29 October 2024

Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

250-268 Clarinda Street, Parkes, NSW, 2870

Property Map
250-268 Clarinda Street, Parkes, NSW, 2870 Parkes
Burgess Rawson - Sydney
Burgess Rawson - Sydney
Level 11, 9 Castlereagh Street, Sydney NSW 2000, Australia
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