Glen Innes 196-208 Grey Street
For Sale $1,200,000
Now is the chance to own an historical building that has been in the same family for almost 130 years. Currently tenanted with good long term tenants this offers a great investment opportunity with excellent returns. The building is iconic and located in the main street of this engaging and progressive country town. The building is superbly maintained and presented and the owners are well known for their fine reputation for honesty and integrity. A rare opportunity in this country area for business migrant investors or those looking for a great return for their self managed superannuation fund.
Located in Glen Innes which forms part of the regional triangle of Glen Innes, Inverell and Armidale in rich agricultural country in New south Wales.
This a a thriving and wealthy rural community with strong tourism support.
The location offers many opportunities with good schooling at primary, secondary and tertiary level. New business ventures opening up in the area. Joint venture Chinese beef export, Wind farm, large tomato growing enterprise. All the benefits of a vibrant community with the calm of country life for those wanting to be near to their investment. Alternatively for city based investors the airport at nearby Armidale is serviced by Qantaslink for regular inspection trips.
The building has opportunities to the increase the current rental returns on both the ground floor and upstairs area.
Inspection is by appointment. Please contact Patricia Shergis 0429 672 422 for further information on current leasing returns.
- Land area approx — 4200sqm
- Floor area approx — 4200sqm