<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

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<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Retail Listing

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A piece of Gundaroo history, The Royal Hotel (1865) which was a traveller's inn from the 1830's is for sale.
The 42 Cork Street building now hosts two successful enterprises; Grazing Restaurant and Functions Centre and Gundog Estate Cork Street Cellar (in the old Cobb and Co Stables).
Long standing leases are in place for both tenancies which are 35 minutes from the Canberra CBD.
<img src="https://www.urban.com.au/images/2018/11/19/Royal%20Hotel%20CNB%202.JPG" alt="">
Following renovations to the main building Grazing was opened in October 2003.
The restaurant has won many awards and has been featured in Australian Country Style Magazine, Gourmet Traveller, Regional Food Magazine, several cook books and on TV features.
According to the rental this property has "strong rental income" which is supplemented by onsite weddings.
Set on a half acre block the property also features wedding lawns and gardens on a second half acre (two titles) and comes with the option to purchase an adjoining acre with a house for future expansion.
<div data-reactid="113">
<div class="tell-me-more tell-me-more--expanded" data-reactid="114">The main building and stables are constructed of 0.6 metre thick stone walls. </div>
<div class="tell-me-more tell-me-more--expanded" data-reactid="114">The holding is for sale via an expressions of interest campaign ending December 5.</div>
</div>
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jrobinson-rf4aSBido9

Historic Gundaroo building for sale

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An ANZ retail banking facility in Mona Vale failed to sell at Burgess Rawson auction this morning.
It was passed in at $5.7 million
Situated at 10-12 Bungan Street, the building is leased to ANZ for 10 years until 2025 with options to 2040.
The building recently underwent building upgrades as well as an ANZ fitout to bring it up to corporate standards.
Net income on the property is currently $260,549 with 3.5% annual rent increases.
The tenant pays all outgoings.
The listing notes there is proposed zoning uplift allowing future development potential (STCA).
<img src="https://www.urban.com.au/images/2018/10/15/ANZ%202.JPG" alt="">
Set on a 294 square metre block, the two storey building last sold for $2.02 million in 2000.
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j.ballantyne1990-6AQqhLzZaK

ANZ premises in Mona Vale fails to sell

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An ANZ retail banking facility in Mona Vale is set for October 23 auction.
Situated at 10-12 Bungan Street, the building is leased to ANZ for 10 years until 2025 with options to 2040.
The building recently underwent building upgrades as well as an ANZ fitout to bring it up to corporate standards.
Net income on the property is currently $260,549 with 3.5% annual rent increases.
The tenant pays all outgoings.
The listing notes there is proposed zoning uplift allowing future development potential (STCA).
<img src="https://www.urban.com.au/images/2018/10/15/ANZ%202.JPG" alt="">
Set on a 294 square metre block, the two storey building last sold for $2.02 million in 2000.
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ANZ premises in Mona Vale set for auction

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<div class="pop-up-list-section">The Jaycar Electronics, Bondi Junction premises are on the market again.</div>
<div class="pop-up-list-section"> </div>
<div class="pop-up-list-section">Jaycar recently renewed the lease until 2022 for the 125 Bronte Road premises.</div>
<div class="pop-up-list-section"> </div>
<div class="pop-up-list-section">They are a national tenant with 100 stores through Australia and New Zealand.</div>
<div class="pop-up-list-section"> </div>
<div class="pop-up-list-section">Jaycar have been at this location since 2006.</div>
<div class="pop-up-list-section"> </div>
<div class="pop-up-list-section">The site (pictured above) recently secured DA approval for a four level boarding house with 21 studio apartments.</div>
<div class="pop-up-list-section">
It is set over 424 sqm.
The property currently has a net income of $217,350 pa + GST and a net lease with tenant paying 100% of all outgoings, as per lease with fixed 3.5% increases annually.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/4/Jaycar%202.jpg" alt="">
The corner has three street frontages (pictured above).
The property last sold for $2.04 million in 2014.
The auction is October 23.
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Jaycar, Bondi Junction premises listed with boarding house potential

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A family-owned strip of retail shops in Box Hill has been listed for sale for the first time in more than four decades.
CBRE has been appointed to market the properties, located at <a href="https://www.realcommercial.com.au/property-land+development-vic-box+hill-502905594" target="_blank">941 – 947 Whitehorse Road</a> (pictured above), comprised of three retail tenancies, home to Yao’s Chinese Therapy Centre, ShaanXi Style Restaurant and Hao’s Oriental Grill Bar.
Occupying a 917 square metre site, CBRE expects it to generate investment interest of more than $8 million.
The site is being offered via an expressions of interest campaign.
CBRE’s Chao Zhang said Box Hill’s attractive mix of transport, education, retail and lifestyle amenities would be of interest to investors. 
“Box Hill continues to be a desirable investment and development location, with interest from both local and offshore Asian buyers and many of these prospective buyers have identified its growth potential given the limited supply of high density land in the area,” Zhang said. 
The listing follows the recent sale of <a href="https://www.realcommercial.com.au/property-land+development-vic-box+hill-502771766" target="_blank">25-29 Ellington Parade</a> (pictured below) in Box Hill, selling for just under $11 million to a Chinese developer.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/8/6/Box%20Hill%202.jpg" alt="">
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Box Hill retail strip listed for first time in more than four decades

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Several leasing opportunities in Melbourne’s Federation Square are on the market.
The tenancies range from 48 to 276 square metres, with including internal and external spaces, some of which have views of the Yarra River.
Prices for the tenancies start at $26,500 per annum.
According to leasing agent, Teska Carson’s Richard Munday, the tenancies on Federation Square are tightly held, such as Kirra Gallery’s 15 year current lease. 
Two spaces, Tenancies 27 (183 square metres) and 28 (276 square metres), are only available on 18 month leases.
"In terms of inquiry we have had so far with 50 calls on the first day of advertising," Munday said.
Federation Square hosts 10 million visitors more than 2000 events annually, including New Year’s Eve celebrations, Melbourne Festival, Melbourne International Comedy Festival, Melbourne Food and Wine Festival.
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"Very rare" Federation Square leasing opportunities on the market

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A Tathra coastal property on the Sapphire Coast has been listed for $1.95 million through Tathra Beach Real Estate
The 1,012 sqm property at <a href="https://www.realestate.com.au/property-house-nsw-tathra-122643538" target="_blank">5 Beach Street</a> has the already established licensed restaurant Cliff Place located on the top level.
The lower level has warehouse or factory space.
There's a 15 vehicle car park, a loading dock and dual access.
The B2 local centre zoning allows for top-level living and expansion of the existing cafe. 
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Tathra coastal building up for $1.95 million

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The Grounds of Alexandria complex has been put up for sale with hopes of reaping $100 million.
The bar and restaurant complex has been put up for sale by Goldman Sachs.
It was the brainchild of developer Albert Bertini, then fell into the hands of lender Suncorp.
The US investment bank inherited it when they secured a $1.6 billion parcel of loans in 2013.
CBRE’s Scott Gray-Spencer and Brendan Shipp are marketing the Alexandria site on behalf of PPB Advisory, which is advising the lender.
It has warehouse-style office space and retail after a redevelopment undertaken between 2008 and 2010, with more further works in the past two years transforming it from a concrete car park into a site also known for its farmyard pets, sprawling open gardens and fresh food and coffee. 
The Mill occupies 1.9 hectare with a net lettable area of about 17,580sq m. There is parking for 216 cars.
The complex is 83 per cent occupied with tenants including Bendon.
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jonathanchancellor-7SQnKwU6yx

The Grounds of Alexandria has $100 million hopes

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Adelaide’s most prestigious office tower, the 31-level Westpac House, is on the market in the city’s biggest CBD investment opportunity in recent years.
Located at <a href="https://www.realcommercial.com.au/property-offices-sa-adelaide-5508927" target="_blank">91 King William Street</a>, Westpac House encompasses three buildings together with a large plaza and pedestrian thoroughfares.
Westpac House, together with the two adjacent buildings – Delmont Building and Perpetual Building – provides a total net lettable area of 31,678.3 square metres.
The 4,287 square metre site area incorporates 29,746.2 square metres at Westpac House, 868.5 square metres at Perpetual House (89 King William Street) and 236 square metres of storage space at Delmont House (16 Angster Street). It also offers 60 car spaces.
The listing agents are Colliers International’s Ian Thomas, Knight Frank’s Guy Bennett and CBRE’s Philip Rundle.
The Advertiser quoted market sources as saying Westpac House could fetch more than $180 million. 
“Westpac House is Adelaide’s most prestigious office tower and dominates the CBD skyline,” said Ian Thomas.
Bennett added that Westpac House offered an excellent opportunity for capital and rental growth, a high and sustainable cash flow, rare and exclusive panoramic views over Adelaide and a desirable King William Street business address with access from Currie and Waymouth Streets.
“Rental income is supported by a staggered lease expiry profile and the best blue-chip tenancy mix in the city, with high profile tenants including Westpac, AECOM, Seek, the South Australian Government, Servcorp Australia, Knight Frank, Equity and Advisory, Emirates, HWL Ebsworth Lawyers and AON,” he said.
“Westpac House has enjoyed excellent rental growth, very high occupancy levels, and strong tenant retention since it was built," said Philip Rundle.
Westpac House is expected to be much sought by investors, according to the agents.
“For investors, Adelaide offers more attractive yields than the eastern seaboard property markets,” said Colliers' Thomas.
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Adelaide’s Westpac House on the market 

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Multinational grocer Supa IGA's store in NSW's Cobar is going under the hammer on October 29 at a Burgess Rawson auction.
Sitting at <a href="https://www.burgessrawson.com.au/2P0558#.ViWoO94bSZw" target="_blank">29-33 Marshall Street</a>, the store is spread over 3,642 square metres in the town.
The store is currently on a 15-year lease to IGA Distribution Pty Ltd up until August 2019 with a further 15-year option.  
The expected net income is $335,549 plus GST. There is a fixed 3% annual rent increase.
The indicative price is $3.35 million, translating to a net yield of nearly 10%.
The listing is by Dean Venturato.
Around 700 kilometres from Sydney, Cobar is nearly two-thirds the size of Tasmania and is home to about 5,120 people, according to the Cobar county website.
The area has reaped the benefits of mining - copper, lead, silver, zinc, gold - and pastoral industries.
Burgess Rawson is a leading investment sales specialist, pioneer of the portfolio auction system, which celebrates its 100th auction this October.
Beginning in 1975, Burgess Rawson established a nationwide network of offices and is Australia's largest locally owned and operated commercial property agency, marketing more than 10,000 properties and generating sales in excess of $25 billion over the past 40 years.
For more Burgess Rawson listings <a href="https://www.burgessrawson.com.au/portfolio-auctions" target="_blank">click here</a>.
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