High Yielding Leading Australian Law Firm Tenant Investment

Burgess Rawson is pleased to offer to the market 6-8 Holden Street (9 Strata Lots), Ashfield NSW for sale via our Investment Auction Portfolio 168.

The property has the following key investment highlights:

+ Longstanding, household name legal tenant, boasting over 14 years of occupancy in these premises
+ Fixed 3.5% annual rent increases, ensuring compounding rental growth
+ Expansive 715.5 sqm* building area including 12 basement security car spaces
+ Leased to highly reputable Slater and Gordon – founded in 1935 with 40+ offices Australia-wide. Owned by Allegro Funds, one of Australia’s largest PE funds.
+ Impressive modern fitout over two internally connected floors
+ Comprises 9 adjoining strata lots – allowing possibility for future separation and value uplift
+ Upon end of tenancy, the tenant is responsible for full reinstatement of
the premises back to 9 change separate strata lots
+ Modern premises conveniently located approximately 100m to Hume Hwy, 350m to Ashfield Station and adjacent to the recently refurbished Ashfield Mall
+ Ashfield – comprises 30% more professionals and 13.5% higher median household income than national average
+ Net Income: $279,183 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House

Bidder registration required, register here: www.portfolioauctions.com.au

*Approx