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SOLD - Cooma (Snowy Mountains) - New 15 Year Triple Net Lease - Under New Management
1 Campsite Place Cooma NSW 2630
Investments
Investment
Property No.
Key Property Highlights
| Asking Price | $1,900,000 |
|---|---|
| Building Area | 495 sqm |
| Land Area | 2090 sqm |
| Parking | 19 on site car parks |
| Listing Status | Sold |
Cushman & Wakefield are pleased to present to the market 1 Campsite Place, Cooma (Snowy Mountains).
The property has the following key characteristics:
- New 15 year lease to 2034 + options to 2044
- Commanding 2,090 sqm corner site within close proximity to the Monaro Highway
- Newly refurbished purpose built childcare centre licenced for 81 Long Day Care places
- Ideally situated amongst 6 schools
- Within close proximity to major national retailers Coles, Woolworths, Aldi, McDonald’s and KFC
- Cooma - Largest town in the Snowy Mountain region and the gateway to the state’s alpine area
- Lease secured by 6 month bank guarantee
- Landlord friendly triple net lease - minimum 5 year notice period to exercise options
- Tenant pays all outgoings including structural repairs and maintenance, Land Tax and Management Fees
- Minimum 3% annual rent increases
- Net Income $137,000 pa + GST
For more information please contact the Exclusive agents at Cushman & Wakefield.