Rare Entry Level Westpac/St George Investment

Burgess Rawson is pleased to offer to market the Westpac located at 34 Kendal Street, Cowra NSW for sale via our Investment Portfolio Auction 160.

The investment has the following key investment highlights:

+ Five (5) year lease to August 2025 plus options to 2031
+ Landlord-favourable net lease terms with tenant responsible for all usual outgoings including land tax^
+ Fixed compounding 3% annual rental increases, ensuring income growth
+ Westpac: Top 5 ASX company (ASX: WBC) serving 12.7 million customers and a market cap of $75.5 billion**
+ Long established two level bank branch featuring immaculate modern fitout, ATM & large, secure onsite carpark
+ Substantial 690sqm* corner freehold opposite Coles anchored Shopping Centre
+ Affordable & easily managed single tenant investment
+ Cowra: Critical crossroad location in the Central West serving, major transport routes leading to Sydney, Canberra and Orange
+ Net Income: $65,239pa* + GST

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

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx
^Single Holding Basis
**westpac.com.au