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Commercial
1-6 Browne Street & 169 Clarinda Street, Parkes, NSW, 2870

Property details

  • Property ID:
    18972
  • Auction:
    Thursday 31st October, 2019
  • Area:
    1.12 hectares (*approx)
  • Type:

    Commercial: Office / Retail

  • Development Potential:
    Commercial development Opportunity (STCA)
Agency information
Peter Seeto

Overview

ENORMOUS REGIONAL RETAIL INVESTMENT OPPORTUNITY

  • National Logistics Hub
  • CBD Location
  • Diverse Income

The Big W Centre Parkes is proudly presented by JLL on behalf of our valued client For Sale by way of Public Auction on Thursday 31st October, 2019.

The property consists of 11,242* sqm of land with one of Australia's largest retailers, Big W, and five specialty shops. Located on the main commercial strip of Parkes, the property provides quality parking opportunities and significant exposure.

  • Amongst National tenants & high street retail
  • Passing Income $904,571 p.a. plus upside
  • On-site parking for approximately 206 cars
  • Building area 5,264 sqm approximately
  • Land area 11,242 sqm approximately

Parkes is the centre of the inland rail network which commenced in 2018 and is set for completion in 2025. The Inland Railway is a railway construction project extending from Melbourne to Brisbane along a route west of the mountainous Great Dividing Range. The railway will transport freight between Melbourne and Brisbane with an anticipated transit time of less than 24hrs and most significant link to Perth & Western States.

The Melbourne to Brisbane Inland Rail will be the critical backbone of transport and logistics driving our nation's global competitiveness into the future.

For further information on the Parkes Logistics Hub, click

Remember to mention you found this property on DevelopmentReady.com.au

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