PRD Lismore

72 Molesworth Street, Lismore, NSW 2480

02 6624 7700

PRD Kyogle

81 Summerland Way Kyogle, NSW, 2474

02 6632 3380

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Commercial/Retail Building - Long Term Tenant

Commercial/Retail Building - Long Term Tenant

Property ID: 675129

KYOGLE 103-105 Summerland Way

For Sale $675,000

Land Size: 744 sqm

***We are open for business - this home can be viewed by private inspection. Please call Rob for further details. Our property inspections are conducted at a safe distance with hygienic measures in place.***

Freehold building for sale only. Long term established tenant in place 2/3rd's through a fixed 7-year lease with an option to renew for 5 years together with 1 further option of 5 years. Retail floor space of approximately 380M2 with rear storage, office and staff amenities. Loading dock at rear and 12 vehicle car park. Good return on investment. Lease started 25/1/2014 - base rent $35,360.04 per annum plus GST by monthly installments. Rent review annual CPI.

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Open for inspection times

Suburb Profile

Median House Price

343000

Suburb Growth

15%
Peak Sale Month - March
Peak Sales - 7