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68-70 Church Street
Glen Innes, NSW 2370
$2,350,000
Overview
Rare opportunity to secure a versatile commercial property currently leased to a NSW Government Department
This commercial property located at 68-70 Church Street in Glen Innes presents a rare opportunity to acquire a versatile industrial and warehouse facility currently leased to a NSW Government Department. The property has been occupied by Property NSW, specifically the National Parks and Wildlife Service, since the early 2000s, providing a stable tenancy arrangement.
The site features a substantial main office building comprising seven individual offices, large open productivity areas, utility rooms, a conference room, kitchenette, and toilet facilities. This layout supports a variety of administrative and operational functions, making it suitable for diverse commercial uses.
In addition to the office space, the property includes a large four-bay shed equipped with workshop space and a mezzanine level, offering ample room for manufacturing, storage, or maintenance activities. There is also a detached five-bay shed featuring an open wash bay, enhancing the property's utility for industrial or vehicle servicing purposes.
The total land area spans approximately 5,065 square meters, providing significant outdoor space for vehicle movement, parking, or future development. The combined building footprint totals around 1,434 square meters, accommodating both office and industrial functions efficiently.
The current lease commenced on 23 November 2018 and is set to expire on 22 November 2028, with two further five-year options available, ensuring long-term income security. The monthly rent is $12,362.12 including GST, and the property is currently self-managed by the lessor.
Glen Innes is a thriving regional town strategically positioned at the crossroads of two major highways: the New England Highway, which serves as the main inland route between Brisbane and Sydney, and the Gwydir Highway, connecting Grafton to Walgett. This location ensures a steady flow of traffic and accessibility, enhancing the property's appeal for commercial and industrial activities.
The town is increasingly popular among a diverse demographic, with many relocating due to rising costs in metropolitan and coastal regions. This trend supports the potential for sustained demand and growth in the area.
Opportunities to secure such a large and adaptable commercial property with a government tenant are uncommon. Interested parties are encouraged to consider this offering promptly to capitalize on its unique advantages.
All information provided is gathered from sources believed to be reliable; however, accuracy cannot be guaranteed, and prospective buyers should conduct their own due diligence. The property boundaries shown in marketing materials are approximate and subject to council approval.
Location
Glen Innes NSW 2370
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 1434 sqm |
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