SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Prime Top Tier Bank Investment in Booming Coastal Town

30 Bowra Street , Nambucca Heads NSW

Property Highlights

Long established CBA Branch
Fixed 3% annual rent increases
Landlord friendly net lease
Register to Bid

Description

Burgess Rawson is pleased to offer to the market, CBA Nambucca Heads for sale via our Auction Investment Portfolio 156.

The property has the following investment highlights:

+ Renewed 2 year lease to September 2024 plus options to 2028
+ Long established Commonwealth Bank of Australia (CBA) branch
+ Attractive net lease, tenant pays usual outgoings including property management
+ Fixed 3% annual rent increases
+ Substantial 509sqm* dual street frontage site
+ 8 valuable on-site car spaces
+ Easily managed single tenant investment
+ Heart of town at major pedestrian crossing
+ Thriving growth location between Coffs Harbour and Port Macquarie
+ Net Income: $71,043 pa* + GST

To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 25 October 2022
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Commercial
Land Size
509 SQM
Building Area
287 SQM

Price

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