12 Jun Sourced by Sound case study

Gunnedah (Near Tamworth), NSW

Commercial premises

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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.

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.