Affordable Sutherland Shire Investment – Longstanding Government Tenant 13+ Years

Burgess Rawson is pleased to offer to the market Legal Aid located at Suite 202 (Ground Floor)/3-5 Stapleton Avenue, Sutherland NSW for sale via Private Treaty (Price Guide: $1,850,000 | Circa 6.62% Net Yield).

This opportunity has the following key investment highlights:

+ Legal Aid: largest legal aid commission statewide employing over 1,300 & providing legal assistance to 423,000 per annum
+ Longstanding Government tenant recently renewing a 5 year lease after 13 years of occupancy
+ Tenant pays outgoings as per lease
+ Fixed 3.5% annual rent increases
+ Government Social Infrastructure: government funded, highly reliable and stable asset class
+ Directly opposite free council car park surrounded by other Government services
+ Immaculately presented premises with five (5) car parks plus central position within the administrative and retail hub of Sutherland
+ High growth area with Sutherland population forecast to grow by 21.69% by 2036
+ Net Income $122,568 pa* + GST

For Sale via Private Treaty.

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

*Approx.