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Safe and Secure Investment

Kandos, 20 - 22 Angus Ave

$199,500 Incl GST

Listing Number: NLA2343
About this listing
Situated in the high traffic flow main street of Kandos' CBD this solid brick constructed commercial building has a new long term tenant in place having just signed a new 5 year lease @ $13,000 per annum plus $1200 per annum insurance with a 3% annual rent increases.
Now trading as an Indian Restaurant this recently refurbished building offers brick construction, a large tiled and carpeted living area, commercial grade kitchen, bar, air conditioning and amenities for patrons.
Enjoy the security of a long term investment with minimal maintenance issues thanks to the modern fitout and with returns of just over 7% this rare commercial offering stacks up well against similar priced residential investment opportunities.
Arrange your inspections today by contacting Landmark Harcourts on 02 6379 1955 or Stewart Adlington on 0400 890 432
Property Information
  • Property Type: Retail, Tenanted Investment
  • Property Features: Commercial Investment Good returns of over 7% New tenant in place Current 5 year lease Refurbished building Large restaurant area Main street location All restaurant amenities
  • Tenancy 1: Area Sqm: 1012 m2, Rental net/gross p.a.: 13000, Term (years): 5

Contact Details

81 Louee Street
Rylstone

Property Location

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