Entry Level Freehold Telstra Investment

Burgess Rawson are pleased to present an entry level freehold Telstra investment at 2 Thiess Avenue, Polo Flat NSW to the market for sale via forthcoming auction.

The outstanding opportunity has the following key investment highlights:

+ Renewed 3 + 3 + 3 year net lease from December 2023
+ Longstanding ASX top 20 tenant in occupation since 2002
+ Telstra maintenance facility, servicing large catchment area of Eden-Monaro Region
+ Large 4,065sqm* landholding in busy industrial precinct
+ Near Snowy Hydro anticipated to generate 4,000 jobs throughout the life of the project
+ Cooma is also a key gateway for the thriving Snowy Mountains tourism industry, worth $3.5 billion over the last 5 years.
+ Attractive compounding 3% annual rent reviews
+ Tenant pays outgoings including council & water rates, insurance and land tax, as per lease
+ Net Income: $127,690 pa* + GST

For Sale via forthcoming auction.

Please contact the exclusively appointed team for more information.

*Approx.