Triple Income Stream | Prime Parkes CBD LocationPositioned in the heart of Parkes' busiest retail precinct, directly opposite Woolworths and with frontage to the Coles car park, 336 Clarinda Street delivers three established income streams and outstanding exposure in one well-maintained building.The NumbersTotal income: $56,603 per annum | 2/3 outgoings recoverableCommercial Tenancy (Ground Floor)Long-term anchor tenant NRMA holds a fixed-term lease to 30 June 2028, returning $35,436 p.a. + CPI (increase due imminently) + 2/3 outgoings recovery.Residential Apartment (Upper Level)A fully furnished one-bedroom flat, currently tenanted at $350/week ($18,250 p.a.), complete with a secure parking space. Leased in 12-month blocks.Signage Lease (Southern Wall)High-visibility wall signage returning $2,917 p.a. + annual CPI increase, on a fixed-term lease to 31 August 2031 - a set-and-forget income stream with long runway.Why This Property?Three independent income streams with built-in CPI growthBlue-chip commercial anchor tenantExcellent street presence in Parkes' prime shopping corridorWell-maintained building ready to perform from day oneVendors have realistic price expectationsFor Sale by Auction | July 2026Contact us today to discuss the details and request a full Information Memorandum.
The size of Parkes is approximately 975.0 square kilometres. There are 38 parks, covering nearly 12.0% of the total area. The population of Parkes in 2016 was 11408 people. By 2021 the population was 11324 showing a population decline of 0.7% in the area during that time. The predominant age group in Parkes is 10-19 years. Households in Parkes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parkes work in a professional occupation.In 2021, 66.50% of the homes in Parkes were owner-occupied compared with 64.60% in 2016.
Parkes has 6,912 properties. Over the last 5 years, Houses in Parkes have seen a 55.62% increase in median value, while Units have seen a 24.51% increase. As at 31 July 2026:
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