45 Louee Street, Rylstone NSW 2849

Prime location, outstanding rental returns and long term lease all adds up to make this arguably the smartest investment opportunity in town.

Rylstones Friendly Grocer has been operating in the main street for decades and with the owners retirement and the subsequent leasing of the highly regarded local business the commercial premises right in the heart of Rylstones CBD is now offered for sale.

The property comprises the downstairs grocery shop, plus cool room, storage and preparation area at the rear with an upstairs 2 bedroom flat currently leased separately from the shop.

It's a great investment with gross annual income representing over 10% gross return on the full asking price of $429,500.

All plant and equipment required to operate the business is included in the sale and the current tenants are only 6 months into a 3 year lease with a 3 year option.
Grab the calculator, do the sums but youll struggle to find a more secure investment with such solid returns.

For full details and to arrange your inspection call Geoff Bartlett at First National Kandos Rylstone on 6372 3288 or 0413 488 188.