SOLD
SOLD
SOLD
SOLD
SOLD

New 5 Year Lease Investment

31 Hinkler Avenue, Rutherford NSW

Property Highlights

Net Lease, Annual CPI Rental Reviews
Privately owned & operated swim school
Rapid expanding suburb of Maitland
Register to Bid

Description

Burgess Rawson is pleased to offer to the market 31 Hinkler Avenue, Rutherford for sale via our Auction Investment Portfolio 158.

+ New 5 year lease to August 2027 + options to 2037
+ Just Like Fish Swim School: privately owned & operated swim school
+ Providers of swim lessons for babies up to junior squad and school level swimmers
+ Maitland: a vibrant, regional city located in the Hunter Valley, a short drive from Newcastle
+ Maitland offers superb liveability and boasts a strong local economy
+ Rutherford, a rapidly expanding suburb of Maitland, Rutherford is a thriving hub of industrial estates, shopping centres and community & sporting facilities
+ Commanding 2,201 sqm freehold site in vibrant industrial precinct
+ Impressive facility constructed around 2010 with ample onsite parking
+ Annual CPI rental reviews
+ Net lease, tenant pays outgoings (including management fees), as per the lease
+ Security: bank guarantee & directors guarantees
+ Significant depreciation benefits
+ Net Income: $100,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House

*approx.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Special Use
Land Size
2,203 SQM
Building Area
1 SQM

Price

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