51 - 53 William Street
Bathurst NSW 2795
$1,400,000 plus GST if applicable
Perfect for the Astute Investor or Owner-occupier
Bathurst is ideally located just 3 hours West of Sydney. Bathurst is a city of contrasts constantly evolving, and rich in heritage, with beautiful historic buildings. It has a population of over 46,000 and is home to Charles Sturt University, offering strong industry and schooling options, and is fast becoming a preferred location for young families, with the benefit of being one of the biggest event cities for tourism in Regional NSW.Prime Location: Situated in an unbeatable position on bustling William Street, the heart of the CBD, in the thriving regional hub of Bathurst, NSW. With tremendous foot traffic being located between two major shopping centres, these two shops offer a rare combination of location, income potential, and flexibility, with the additional first floor potential of a 3rd tenant or BNB.
Current Multiple Income Streams:
• Relocate your own business to the available shop and capitalize on this prime location or release to a new tenant to boost your return by approximately $45,000 - $49,500 per Annum + GST
• Current Tenant: A reliable, long-term tenant with over 20 years of occupancy, recently renewed until 27/01/2028 with a 3-year option. Currently paying $55,000 pa + GST
Development Potential - Unlock the First Floor:
• The spacious 200*sqm first floor is a hidden gem, brimming with opportunity.
• The first floor offers incredible untapped potential to maximize your return. Currently unoccupied, it's a hidden gem just waiting to be transformed.With the right renovations, you can unlock significant rewards by securing a fixed residential lease or exploring creative options to capitalize on Bathurst's thriving tourism market. Imagine turning the space into a CBD BnB apartment, offering guests the convenience of being in the heart of the city, within walking distance of Bathurst's local attractions. The opportunity for additional income is boundless.
Guests will love the convenience of strolling to Bathurst's attractions while enjoying the vibrant city atmosphere. The potential income from this space is limitless.
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it.
Features
General Features
- Land Area: 221sqm
- Commercial Type: Retail
- Building Area: 383sqm
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