Federal Government Investment – Essential Service Operating at 100%
18-20 Yacaaba Street , Nelson Bay NSW
Description
Leased until May 2022 plus option until 2025
Rare government net lease with tenant responsible for outgoings
+ Immaculately presented 382 sqm freehold building
+ Strategic 1,031 sqm site within thriving town centre precinct
+ Nelson Bay: a growth suburb of Port Stephens LGA which forms part of the fast growing
Hunter region with a population of 650,000
+ Easily managed with guaranteed Commonwealth income stream
Net Income: $118,240 pa + GST
Auction 2pm AEST
Tuesday 23 June 2020
AuctionWorks
50 Margaret Street, Sydney NSW
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
1,031 SQM
Building Area
382 SQM