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75-83 Lachlan Street
Forbes NSW 2871
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Sold on 19 Jul 2024

75-83 Lachlan Street Forbes NSW 2871

  • Showrooms / Bulky Goods
  • 1 m²
  • Sold

High Yielding Investment - Circa 9% Anticipated

    Burgess Rawson is pleased to offer this high yielding Kmart anchored freehold for sale at 75-83 Lachlan Street, Forbes NSW. This premium retail investment property will be available for purchase through our Investment Portfolio Auction 169.

    The property has the following investment highlights:

    + 100% leased freehold building anchored by Kmart (71% of total income)
    + Kmart on renewed 3 year net lease plus options to 2036
    + Retail giant Kmart with 325 locations across AUS/NZ, wholly owned by Wesfarmers Ltd - ASX top 10 company market cap $73.1B*
    + Massive 2,756sqm* CBD landholding, 164m* triple frontage
    + Prime CBD location close to major tenants including Westpac, Anytime Fitness, Woolworths and Service NSW
    + Central West & Orana region set to grow to 325,000 people by 2041
    + Net Income: $195,009 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30 am AEST Tuesday, 25 June 2024
    Yallamundi Rooms, Sydney Opera House

    *Approx

    AUCTION

    Auction date and time25/06/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold19 Jul 2024
    Floor Area1 m²
    Land Area2,756 m²
    ParkingAsk Agent
    Property ID2019280776
    Category
    Last updated  26 Jun 2024
    Map for 75-83 Lachlan Street Forbes NSW 2871

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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold19 Jul 2024
    Floor Area1 m²
    Land Area2,756 m²
    ParkingAsk Agent
    Property ID2019280776
    Category
    Last updated  26 Jun 2024

    Co-Agents

    Kieran Bourke
    Burgess Rawson Sydney
    Call
    0417 418 007
    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042
    John Ingui
    Burgess Rawson Sydney
    Call
    0486 011 406

    More about 75-83 Lachlan Street Forbes NSW 2871

    75-83 Lachlan Street Forbes NSW 2871 is categorized as Showroom & Bulky Goods Property. It has a floor area of 1 m² and a land area of 2,756 m². The listing ID for this property is 2019280776.

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