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 time	25/06/2024 10:30
Auction location	Yallamundi Rooms, Sydney Opera House

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	19 Jul 2024
Floor Area	1 m²
Land Area	2,756 m²
Parking	Ask Agent
Property ID	2019280776
Category	Showrooms / Bulky Goods Development / Land Shop & Retail
Last updated	26 Jun 2024

Map for 75-83 Lachlan Street Forbes NSW 2871

Nearest transport* to 75-83 Lachlan Street Forbes NSW 2871

Bus

Train

Tram

Ferry

Webb St at Rankin St	37 m
Spring St at Lachlan St	76 m
Cross St at Lachlan St	134 m
Cross St at Lachlan St	152 m

*Within a 4km radius

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	19 Jul 2024
Floor Area	1 m²
Land Area	2,756 m²
Parking	Ask Agent
Property ID	2019280776
Category	Showrooms / Bulky Goods Development / Land Shop & Retail
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.