15,218 vehicles a day pass this prominent corner! Leased to iconic Sunglass and Perfume business
on 3 + 3 + 3 + 3 + 3 year lease from 1.11.16 to 31.10.31 if all renewals are exercised. 320m2 floor
area, ex bank timber frame building (not earthquake prone building). Approximately 86m2 of retail
shop with large residential accommodation at rear. 998m2 corner section with plenty of parking.
Ohakea and Bulls are growing. Zoned Commercial – Commercial & Residential uses permitted.
Where else can you buy a 320m2 sound building on a 998m2 section on a busy corner of State
Highways 1 and 3 for circa $400,000?
Erected on the site is the old Bank of New South Wales which became Westpac. Property Smarts
says that it was built in the 1930’s, but I consider from the architecture and materials used that the
building is older, and probably built around 1910 - 1915.
The floor area is recorded as 320m2, according to Property Smarts.
It originally had a banking chamber and Managers residential accommodation behind. Today the
banking chamber is a retail shop.
Concrete piles, weatherboard walls, iron roof – Foundations not fully inspected
Double hung windows – Steel guttering
Window hoods - Steel bar window security
Auto shop door – Strong room
