FITZPATRICK’S PCI Commercial has on offer a secure property investment with well-maintained buildings on substantial land holdings in the heart of Junee.
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The building at 21-29 Lisgar Street - which also fronts Belmore Street - is currently for sale by tender.
Leased to the Riverina Co-Op for five years with two further five-year options, the property has a net rental return of $55,000 per annum.
It actually has two frontages and land areas of 1386 square metres for Lisgar Street and 931 square metres for Belmore Street.
Lisgar Street features a large hardware and agricultural products showroom.
The showroom includes gas heating and two evaporative coolers and a modern kitchen/staff room. There is a large skillion shed with drive through access leading to a hardstand area for pallet loading and unloading.
Belmore Street features two adjoining clear-span sheds with sliding doors fronting onto a concrete hardstand yard. Both properties are fenced and secure.
This is an exceptional investment opportunity with annual CPI increases, an A-grade regional tenant trading for over 50 years and the lessee paying all outgoings.
Tenders close 5pm on July 17 at Commins Hendriks Solicitors, 23 Gurwood Street, Wagga Wagga.
For more information contact Geoff Seymour on 0417 698 238 or Greg Howick on 0418 692 293.
