11 Burraway Street, Narromine NSW 2821

Two-storey Federation hotel fully leased | 1,448m² site, 100% building coverage | Flood and heritage overlays detected | 9-bedroom commercial property in regional NSW. This property presents a rare combination of a substantial Federation-era commercial building and a fully secured income stream, which strengthens a buyer’s negotiating position in a regional market where long-term leases are a premium. The 100% site coverage and dual-storey configuration offer a defensive asset base, while the 5-year lease with a renewal option provides immediate cash flow certainty. This property best suits an investor seeking a low-management, single-tenant commercial holding with potential for capital appreciation tied to the building’s heritage character and Narromine’s steady regional demand. The detected flood and heritage overlays introduce specific due diligence costs and may limit future redevelopment flexibility, which a buyer should price into their offer. The fully leased status, however, removes vacancy risk and allows for a passive hold strategy. The opportunity lies in the lease expiry cycle: at renewal, the buyer can negotiate market-based rent adjustments. Hold this property as a long-term income-producing commercial freehold, with a view to repositioning the lease terms at the next option date.