SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

As New Industrial Investment – Leased to Essential Service Operator

34 Allgayer Drive, Gunnedah NSW

Property Highlights

10 year lease to 2028 + options to 2038
Net lease, tenant pays usual outgoings
Net Income $139,112 pa* + GST

Description

Burgess Rawson is pleased to offer this superb ACS Equip leased industrial investment located at 34 Allgayer Drive, Gunnedah NSW to the market for sale via our Investment Portfolio Auction 160.

The property has the following investment features:

+ 10 year lease to 2028 plus options to 2038
+ ACS Equip: highly established & multi-faceted water bore services business maintaining town and city water supplies for over 500,000 people*
+ Guaranteed long term rental growth with fixed 3% annual increases
+ Landlord friendly net lease with the tenant responsible for all usual outgoings, as per the lease
+ High specification, clear span, and versatile industrial facility on a substantial 3,873sqm* landholding
+ Modern freehold building offering substantial depreciation benefits
+ Gunnedah: important NSW regional hub near Armidale & Tamworth, renowned for agriculture, farming & mining
+ Major mining conglomerates including Whitehaven Coal and Idemitsu Australia represented in the region, acting as major contributors and employers to the local economy
+ Net Income $139,112 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House

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

*Approximately

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
3,854 SQM
Building Area
1,008 SQM

Price

Contact Agent

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights