The Commercial Centre has been in the one ownership since being developed by the owners and completed in 1980. During this time, it has enjoyed a high occupancy of commercial and retail tenants. It is concrete block construction, metal roof with brick frontage. There is rear street access to 7 and 11 Marshall Street. Frontage of 33.99 m to Marshall St. Land area of 1729 sq m.

7 Marshall Street – Tenant: Department of Family & Community Services
Lease to Jan 2021 with 4-year option
Rent: $57,410 p/a (exc. GST)

9 Marshall Street – Tenant: Cobar Weekly
Lease to 31 May 2021 with 3-year option
Rent: $14,299.92 p/a (exc. GST)

9 Marshall Street – Tenant: Impel Accounting Pty Ltd
Term: Lease to 31 December 2019 with 3-year option
Rent: $7,200 p/a (exc. GST)

11 Marshall Street – Tenant: JKM Dynamic Fitness Pty Ltd
Lease to 30 April 2020 with 3-year option
Rent: $18,600 p/a (exc. GST)

Located in the commercial hub of Cobar opp. Cobar Services Club, close by to the Great Western Hotel and Harvey Norman. The property is now offered for genuine sale to finalise the 3 owners retirement partnership.

Cobar Shire Council received a development application last March for a $2.6M IGA Supermarket at 1-3 Marshall St. adjoining this property.

Cobar is a long established centre for mining and a vibrant western town servicing a large area between Nyngan and Broken Hill. 3 mines operate in the Cobar basin.

CSA Mine – www.csamine.com.au
Endeavor Mine – www.cbhresources.com.au
Peak Mines – www.aureliametals.com.au

Inspect: Strictly by appointment
Contact: Graeme Board 0408 636 273 or Bob Berry 0418 636 954
INFORMATION MEMORANDUM WITH FULL DETAILS OF TENANCIES AVAILABLE ON REQUEST.

The information and figures contained in this material is supplied by the vendor and is unverified. Potential buyers should take all steps necessary to satisfy themselves regarding the information contained herein.