The owners of this commercial freehold property have offered up arguably the best opportunity in recent times for an investor to purchase a fantastic main road piece of real estate.
Located on the Smith Street area close to other large chains such as McDonalds and major service stations and within a “stone throws” distance to the very popular town centre, which is arguably one of the busiest strips on the coast. The current feel of this area is probably similar to that of some of the traditional towns such as Grafton and Taree which have attracted interest from the “baby boomers” migrating from Sydney looking for a more relaxed and controlled lifestyle close to the coast.
The tenant is Red Rooster foods who currently have a lease and option to 30 June 2020. The property is currently returning close to $127,000 per annum nett with the tenant paying some outgoings.
For further information please contact Rob Gates on 65838010.