Highlights of the property outlined below:
- Fully leased gross income $93,629.00 p.a.*
- Prominently located and provides high exposure
- Landmark property, investment opportunity
- Site area of 1100 sqm* rentable space 996sqm*
- Customer parking, rear loading dock & parking
- Listing Contract zoning = B4 Mixed Uses
- Potential rental and development upgrade (S.T.C.A)
- Young is benefitting from current regional boom
LJHOOKER YOUNG is pleased to present for sale 241 Boorowa Street. Exciting offering for investors looking for a property in the heart of Young. Anchored by a major clothing retailer RIVERS, alongside long-term tenants Young Crisis Accommodation Centre and Argyle Housing rent totaling $93,629.00 Very affordable rents (averaging $94/sqm) providing potential rental reversion upside. The site is situated in central CBD at the corner of Boorowa & Clarke Streets with a total site area of 1100sqm* offering future owners excellent rental income. Located 100m to Woolworth, Mitre10, Town Hall and 200m to BigW, IGA Supermarket, not much farther to Bunnings and Youngs Railway Station. Originally a Picture Theatre back in the day with upstairs space (upstairs not in use or accessible)
Interested parties are invited to submit (via email to colin.durham@ljhooker.com.au) their expressions of interest for the purchase of 241 Boorowa Street, YOUNG by 4pm, Thursday 29 July 2021.
All figures and sizes in text and photos are approximates.