Upper Hunter Investment - Publicly Listed Tenant

SOLD

187 Kelly Street

Scone NSW 2337

Retail

FOR SALE

1000m2

187 Kelly Street Scone is a free standing commercial/retail premises located on the main street (New England Highway) in the CBD of Scone. The Property is securely lease to The Reject Shop on a new 5 year lease with options. Property has just been upgraded internally for the new tenant.
The Property is anticipated to provide a good return to an investor. Key points as follows:

-New 5 + 5 + 5 year lease
-Net Rental $95,000 approx per annum
-Site Area 884sqm approx
-Gross Floor Area 1,000sqm approx (760sqm approx ground floor retail)
-Highly exposed modern property
-Adjoins shopping centre car park at the rear

Property will be auctioned on the 27th March 2014.