Sourced by Sound case study

Sourced by Sound case study

Gunnedah (Near Tamworth), NSW

Commercial premises

Investor Brief and Strategy:

Affordable commercial investment with reputable tenant and positive cashflow.

Investment Details:

  • $899,000
  • Net income: $65,352 + GST
  • Two story building with ATM & quality bank fit out on 301sqm block
  • Freehold corner site in vibrant min street CBD position
  • 7-year lease to 2019 with option to extend further 2 years (Westpac)

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • Fixed 4% p.a rental increases
  • Surrounded by supermarkets, major banks and national retailers
  • Secure tenant
  • Diverse local economy and growing shire population

What we liked:

A rare investment opportunity with Australia’s 2nd largest company, Westpac. Located on a prime corner site with secure rental history and steady annual growth.

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This article is provided for general information only and does not constitute personal advice, as it does not take into consideration your personal circumstances. Please consult a licensed tax or financial advisor before making any decision to invest.