The property has the following attributes: -

* The dominant supermarket in its Trade area
* Key essential services tenant
* Renewed 10-year lease expiring June 2031 plus 5 + 5-year options until 2041
* Leased to the highly experienced Khan Group who operate 10 supermarkets across metropolitan and regional areas of NSW
* Has traded as an IGA for nearly 30 years
* One of only two supermarkets in town, and one of only two liquor stores in town
* High profile corner site of 3,642 sqm in the centre of town
* Building of 1,956 sqm comprising supermarket premises including liquor, plus separate hairdresser
*200 sqm vacant for value add opportunity
* Rear car park area allows onsite parking for 29 vehicles and loading area to rear of premises
* Landlord friendly lease that allows for the recovery of all usual outgoings including management fees
* Cobar is a thriving north-western NSW community with a catchment of circa 4,700 persons

Net Income: $466,788 pa + GST

Asking Price: $4,913,557 (9.50% return)