SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Entry Level Social Services Investment – NDIS Provider & Government Contracted

1/2 James Street , Toronto NSW

Property Highlights

Longstanding Occupancy for 15+ Years
Greater of CPI or 3% Rent Reviews
Net Income: $54,629 pa* + GST
Register to Bid

Description

Burgess Rawson is pleased to offer to market 1/2 James Street, Toronto NSW for sale via our Investment Portfolio Auction 162.

The investment has the following key investment highlights:

+ Renewed lease to June 2025 plus option to 2028 (tenant in occupation for 15+ years)
+ Castle: NDIS provider and Government contracted by the Department of Social Services (DES) with 10 locations & over 130 staff state-wide
+ Favourable rent reviews to the greater of CPI or 3% annually
+ Strategically located near KFC, Coles, Aldi, Centrelink, Toronto Private Hospital & the Courthouse (occupies the same complex as KFC, Anytime Fitness and Domino’s with ample parking for all 4 tenants)
+ Recent internal building improvements with 5 exclusive parking spaces for Castle
+ Toronto: thriving commercial hub of the Lake Macquarie region with a greater population of 217,000, 28km* to Newcastle CBD
+ Net Income: $54,629 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 1 August 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information
*Approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
1 SQM
Building Area
224 SQM

Price

Contact Agent

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights