Commercial  Property Investment, Tumbarumba

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Description

  Property has a very successful main street bakery business with popular local owner operators, and no direct competition. And the products are very good indeed.

Internal work and retail areas present very well, and are fully compliant. This property also has rear access for parking, deliveries etc in this picturesque country town.

Roof mounted solar energy system included.

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Tumbarumba (pop 2,200) is approx. 480 kilometers from Sydney 110 kms. from Wagga

(68,000), 137 kms. from Albury Wodonga (100,000+) and 65 kms to Tumut. It is located in a particularly scenic area on the Western slopes of the Snowy Mountains, and is known for pine forests, winter snow views, wineries & blueberries .- a prosperous  tourist and “weekend drive” destination. Note business is not for sale.

Asking $385,000 (ex GST). Approx 7% net returnSOLD

New 3×3  lease, annual CPI review.  

Land area 521.6m2. Zone E1 Local Centre

Rent approx. $30,000 p.a. + GST + outgoings

Enquiries: Peter Campbell 0412 694 069

All information contained in this website has been supplied to us by the vendors for the use of intending purchasers, and has not been verified by this office. Potential purchasers should therefore make their own enquiries, and seek professional advice. Since prices for businesses can vary, the latest information should always be sought.All inspections must be arranged via our office.

Details

Price:$385,000
City:Tumbarumba
State:NSW
Post Code:2653

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