OFF MARKET

136 Urana Street
The Rock NSW 2655

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1240m2
Land area: 732m2
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Property Details for 136 Urana St, The Rock

Building Type
Commercial
Floor Size
1240m2
Land Size
732m2
Local Government
Lockhart
Lot/Plan
4/DP9082

Last Listing description (February 2019)

134 Urana Street, The Rock NSW 2655

This freehold property spans over 1,240sqm and is tenanted by the IGA Friendly Grocer Supermarket.

It has a solid new 5 x 5 x 5 lease in place making it a very attractive and secure investment. Rockmart is the local IGA supermarket in the town of The Rock. The Rock is located 25 kms from Wagga Wagga and is the largest inland town in Australia. This Rockmart IGA Supermarket has a monopoly in the town with a population of approximately 1,500 people. The Rock has a very friendly rural community and is situated between two major centers of Wagga Wagga and Albury. Lockhart and The Rock are substantial towns offering local hospitals, doctors, police, ambulance, senior and primary schools, banking and shopping. With the residential sub-divisions and the proximity to big towns the population in the towns of The Rock and Lockhart expected to boom.
This is a fantastic opportunity to purchase this successful and popular freehold supermarket investment.

KEY FEATURES:
- Freehold IGA Supermarket
- Solid 5 x 5 x 5 year lease in place
- Land size: 1,240 sqm
- Most popular and has monopoly in the town
- Sells groceries and liquor
- Trades 7 days a week
- Net income: $72,000 to $96,000 pa - TBD
- Tenant pays all outgoings (except insurance)
- Personal / Bank Rental Guarantees provided
- CPI Rental increases
- Growth area

For sale via Private Treaty

Please contact the agent for further information:
Steven Kruyer
Mobile: 0414 404 070
Email: skruyer@ljhc.com.au

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Property History for 136 Urana St, The Rock, NSW 2655

A timeline of how this property has performed in the market
Last Sold
$320,000
28 Jan 2014
  • 22 Feb 2019
    Listed for Sale Contact Agent
  • 05 Sep 2016
    Listed for Sale Contact Agent
  • 28 Jan 2014
    Sold for $320,000
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About The Rock 2655

The size of The Rock is approximately 286.5 square kilometres. It has 2 parks covering nearly 1.3% of total area. The population of The Rock in 2011 was 1,053 people. By 2016 the population was 1,237 showing a population growth of 17.5% in the area during that time. The predominant age group in The Rock is 50-59 years. Households in The Rock are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in The Rock work in a managers occupation. In 2011, 81.9% of the homes in The Rock were owner-occupied compared with 82.1% in 2016.

The Rock has 738 properties. Over the last 5 years, Houses in The Rock have seen a 99.20% increase in median value. As at 31 October 2024:

  • The median value for Houses in The Rock is $442,739 while the median value for Units is $654,310.
  • Houses have a median rent of $390.
There are currently 12 properties listed for sale, and 1 property listed for rent in The rock on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in The rock.

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