Flemings Cowra is pleased to present 74 Kendal Street, Cowra, to the market for sale.
Are you looking for an attractive commercial investment?
In prime regional NSW location?
Grab this rare opportunity to secure sought-after commercial space.
Prime Land Area of around 6383 sqm* held in Cowra's CBD
Substantial whole building internal space: 3606 sqm* + 120 on-site car spaces
Property features:
Ground Floor is 1640 sqm leased and to Silly Solly's National Discount Store) for $145,000.00 + GST + 4% annual increase + 45% per annum of the total outgoings.
Rear Warehouse is approximately 442 sqm currently and leased to pop-up shops for around $60,000 + GST + 15% per annum of the total outgoings.
Car Park level floor is 1530 sqm and is currently leased to NSW Electoral Commission for $153,000.00 + GST + 40% per annum of the total outgoings.
Parking area of 30 car spots leased to the NSW Health Department for $18,000.00 + GST
Current total return - Net Rent Revenue of $376,000.00 / annum + GST 37,600.00 + Outgoings $70,000.00
It is extremely well located in the centre of Cowra's main retail precinct on Kendal Street.
The building has air conditioning and a high ceiling.
For over 50 years, Grace Brothers, Myer, and Target lived here.
It is surrounded by banks and retailers, including Coles, Aldi, Woolworths, Cowra Hospital, and Bunnings Warehouse. The property comprises a substantial two-story brick building. The ground floor is leased to a national discount store, and entrance level 1 is at the rear of the building off the carpark.
This expansive property offers potential for retail and commercial services in demand, such as a showroom for clothes, appliances store, furniture, an educational centre, a medical hub, Government services and agencies, entertainment and amusements, childcare, fitness centres and many others. (STCA)
Please reach out to Flemings Cowra today for more details and an inspection.
* = Approximate
All information contained here is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
