1 Newell Highway, Tomingley, New South Wales
FREEHOLD PASSIVE INVESTMENT RETURNING 8%
* Rent $86,280 (exclusive of GST)
* Turnover - first half of 21/22 $176,336 (covid issues)
* Turnover - 20/21 in excess of $400,000
* 26 units Brick construction with colour bond roofing - Large block
* 18 years remaining on lease - tenant should soon be wanting to buy extra years
* situated on the busy Newell Highway. 50kms from Dubbo
* next door to successful hotel which serves great meals
Key Investment Insights1. Freehold passive investment with a high return of 8%.
2. Strong rental income of $86,280 per year (exclusive of GST).
3. Potential for increased turnover with previous year's turnover exceeding $400,000.
4. 26 units made of brick construction with color bond roofing, providing a solid and low maintenance investment.
5. Long lease term of 18 years remaining, providing stability and potential for tenant to purchase additional years.
6. Prime location on the busy Newell Highway, providing high visibility and easy access for customers.
7. Located next to a successful hotel, attracting potential customers and providing additional amenities for tenants.
8. Close proximity to Dubbo, a major regional city in New South Wales.
9. Potential for future growth and development in the area.
10. Diversified investment opportunity, with both accommodation and commercial aspects.
11. Low risk investment with a long-term tenant in place.
12. Potential for passive income and potential for capital appreciation.
13. Large block of land providing potential for future expansion or development.
14. Strong demand for accommodation in the area due to its location on a major highway.
15. Potential for tax benefits and depreciation allowances for investors.
16. Low maintenance investment with minimal ongoing costs.
17. Opportunity for hands-off investment with a reliable tenant in place.
18. Potential for additional income streams such as vending machines or laundry facilities.
19. Strong potential for a high return on investment in a growing regional area.
20. Ideal investment opportunity for both experienced and first-time investors.