Flagship property for sale in Cowra

30 days ago

1Sell

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Nadish Naoroji
 

Summary

74 Kendal St, Cowra NSW 2794

About the Business

1SELL Listing ID: 1AU0274
Receive immediate rental income, lease the rest and occupy this beautiful CBD Building which was home to Target for over 30 years.

> Are you looking for the best position in the town with extra space and car parking?

> Are you looking for traffic customers passing your: Retail shop / Offices / Clinic Hub / Amusement Centre / Gymnasium or storage space?

> Are you looking to start your business with support from the surrounding community?

> Stop looking. Be the first to grab the lifetime opportunity and express your interest:

1. To receive around $206,000.00 / annum rental income incl outgoing + GST
(Leased to Silly Sollys Discount Store & NSW Western District Health).

2. To occupy or lease the car park level floor of (1530 sqm / Flexible splits available) for around $195,000.00 / annum rental income incl outgoing + GST

3. To occupy or lease a warehouse of (442 sqm) approx. for around $75,000.00 / annum rental income incl outgoing + GST

Location: 74 Kendal St, Cowra. Centre of the CBD.
(3,597 m² of NLA, Site Area 6,656 m² / 86 on-site car spaces)
Contact Agent to express your interest with your opportunity price.

This substantial property is very well located in the centre of Cowra’s main retail precinct on Kendal Street. The building has air conditioning and a high ceiling. For over 50 years, Grace Brothers, Myer, and Target lived here.

It has high potential demand from all the region's customers to be used as a showroom for clothes, appliances, Furniture, an educational centre, a Medical Hub, Government services and agencies, Entertainment and Amusements, childcare (subject to council approval), and many others.

Surrounded by the central banks, retailers include Coles, Aldi, Woolworths Supermarkets, Cowra Hospital, and Bunnings Warehouse.
The property comprises a substantial two-story brick building.
The ground floor is leased to a national discount store, and the entrance of the car park level is at the rear of a huge car park that connects with a ramp.

Leasing opportunities are available on the car park Level floor from 500m² - 1,530m².

The rear warehouse is approximately 442 sqm with air conditioning and a high ceiling. It has high potential demand from all the regions' customers to be used as a GYM, Rental Equipment, storage warehouse, and many others.

DISCLAIMER:
E&OE: Errors & Omissions Excepted.
Photos in this listing may be stock images for illustration purposes only and not images of the actual business or property for sale.
Business-for-sale details are confidential and only available on acceptance of the Confidentiality Deed.
The Purchaser is entirely responsible for their own due diligence and is not to rely on statements or warranties made by the vendor or anyone else on their behalf.

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