SOLD
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Immaculate 3 Level Centrelink Complex

49-61 Church Street , Bega NSW

Property Highlights

100% occupied by Government Tenants
Renewed 7 Year Lease to Centrelink
Secure Net Leases - Min. 3% Increases

Description

+ Impressive 2,486 sqm 3 level building constructed 1999
+ 100% leased to Federal and State Governments
+ 18 secure basement car spaces
+ Commonwealth of Australia (DHS) – Secure 7 year lease plus options to 2031
+ NSW Government (Property NSW) – New 5 year lease plus options to 2029
+ 1,242 sqm site with dual 50.55 m frontage
+ Tenants pay all usual outgoings as per the lease documents including Land Tax
+ 4 Star Nabers Energy Rating
+ Strategic CBD location amongst CBA, NAB, ANZ, Australia Post, KFC and close to Sapphire Marketplace Shopping Centre – Woolworths, Dan Murphy’s etc
+ Net Income: $407,398 pa + GST

For Sale by Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
1,242 SQM
Building Area
2,486 SQM

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