Don't let this extraordinary chance slip through your fingers - a landmark property awaits you in the vibrant regional centre of Parkes, in Central West NSW. Nestled in the heart of the CBD, this exceptional property is currently occupied by a government funded tenant returning $68,640 per annum plus 100% of outgoings (rates and water) are paid by the tenant. Currently leased until 31st October 2024 with a further 1 year option to renewal.
This complex boasts expansive open plan office space that has recently had a fit out, and an exquisitely designed interior featuring high raked ceilings, a mezzanine floor with staff room and amenities, three private offices, and a rear courtyard that leads to a convenient onsite car park.
Located in the highly sought-after CBD area of this rapidly growing regional centre, it presents a prime investment opportunity for any discerning investor.
Seize this rare opportunity now and secure your foothold in Parkes' flourishing real estate market. Act swiftly before someone else seizes this golden opportunity.
The size of Parkes is approximately 975 square kilometres. It has 38 parks covering nearly 12% of total area. The population of Parkes in 2011 was 11,265 people. By 2016 the population was 11,421 showing a population growth of 1.4% in the area during that time. The predominant age group in Parkes is 0-9 years. Households in Parkes are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parkes work in a trades occupation. In 2011, 65.4% of the homes in Parkes were owner-occupied compared with 64.6% in 2016.
Parkes has 6,875 properties. Over the last 5 years, Houses in Parkes have seen a 57.18% increase in median value, while Units have seen a 53.39% increase. As at 31 July 2024:
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