Home to one of the most prominent successful businesses in Kandos this property is the subject of an existing lease showing around 5% yield this one does make for an easy investment decision.
The land area of the property is 371 sq m in size and it has a 7.3 m frontage. The premises comprises a public access area at the front affording plenty of space to display wares and to comfortably seat customers. There is a division between the front and the rear section of the building with is set up as storage and preparation. Within this rear section is a large cool room included in the sale of the property. The balance of the fittings are owned by the tenants.
Kandos village center is enjoying a increase in business activity along with the broader region. The sale of this property offers an opportunity for an investor to step in to the market and enjoy a 'foot stool to a fortune'. Work with the great tenants to freshen up the property and lock in long term returns.
Note: GST is applicable on this sale. Sale is subject to existing tenancy.
Inspections only available in trading hours and only by prior appointment in advance. Contact Stewart Adlington on 0400 890 432 to discuss details and to arrange your private inspection appointment.
The size of Kandos is approximately 40.1 square kilometres. There are 3 parks, covering nearly 20.8% of the total area. The population of Kandos in 2016 was 1315 people. By 2021 the population was 1263 showing a population decline of 4.0% in the area during that time. The predominant age group in Kandos is 60-69 years. Households in Kandos are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Kandos work in a trades occupation.In 2021, 64.70% of the homes in Kandos were owner-occupied compared with 66.30% in 2016.
Kandos has 970 properties. Over the last 5 years, Houses in Kandos have seen a 69.94% increase in median value, while Units have seen a 51.35% increase. As at 30 April 2026:
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