Office(s) For Sale - NSW - Grenfell - 2810 - 'AS NEW' EXTENSIVELY RENOVATED THROUGHOUT, PREMIUM LOCATION (TENANTED 6.1- 6.5% RETURN) (Image 2)

139 Burrangong Street Grenfell NSW 2810

For Sale $400,000 to $425,000

Property Type Office(s)
Land area approx 246.6sqm
Floor area approx 150sqm
Council Rates $562/quarter
Region Central West
Locality Weddin

Tags: Lease

'AS NEW' EXTENSIVELY RENOVATED THROUGHOUT, PREMIUM LOCATION (TENANTED 6.1- 6.5% RETURN)

HIGHLY SUITED FOR CONSULTING SPACES, MULTIPLE (SHARE) BUSINESS'S & OR A LARGE BUSINESS!

Located in the 'main street' of Grenfell in a premium location. Centrally located within Central West NSW suiting business expansion into the Grenfell region with nearby major town locations of 40mins* Cowra & Young & 50mins* Forbes.

Key features
•As new condition' extensively renovated throughout
•E1 Local centre ( B2 local centre) zoning
•Extensive 14m 'main street' frontage to Burrangong Street
•Low maintenance rendered exterior
•High visibility area to the side of the building ideal for additional business signage (STCA) whilst the building existing signage is highly visible
•Automatic glass sliding door entry to the reception foyer, with 2 x centralised hallways to dividing offices on either side of the hallways being a very ideal design for share office space (for multiple business use)
•Low maintenance vinyl plank flooring through the reception, wet areas, other storage and working areas and wide, wheel chair accessible hallway areas whilst all office spaces are carpeted
•7 x offices. 4 (3x 3m approx) private offices, 2 x (3 x 5m approx.) and 1 x (3 x 4m approx.) all offer reverse cycle split system air conditioning / while if 7x office spaces are not required, the office spaces alternative suit meeting rooms or being ideal for private consulting rooms
•Kitchenette in modern condition
•2 x wheel chair accessible bathrooms with toilets and basins
•Large centralised printing room and other storage
•Large storage room with shelving at the rear of the building
•The office suit is complete with a large, rear enclosed courtyard for staff

The property has been leased under a 3year lease term until 30 September 2026 for $26,000 per year/paid weekly plus gst, equating a 6.1 to 6.5% gross annual return + Strong capital growth rates for investment. Tenant has a further 3 x year option to renew the lease.

GRENFELL COMMERCIAL SALES
Estimated 5-Year Capital Growth Rate: Approximately 15-25% total approximately

SIZE
150M2 (INTERNAL), 22M2 (COURTYARD), 246.6M2 (LAND SIZE)

ZONING
B1/B2 Local Centre

Contact
Josh Keefe 0436 926 866
Ross Hubbard 0428 657 311

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