Long 7 Year Lease to the Federal Government | Critical Indigenous Australians Agency

Description

Burgess Rawson is pleased to offer to market the National Indigenous Australian Agency, 1 Browns Lane, Port Augusta SA for sale by Private Treaty.

The opportunity has the following key investment highlights:

+ Long Seven (7) year lease to 2029 plus options to 2039.
+ NIAA: federal government agency providing critical support to First Nations communities.
+ Port Augusta’s indigenous population is 8.5x higher than the SA average and 6.5x higher than the national average. (1)
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Strong and certain income growth with fixed 3% annual rent increases.
+ Well-presented 270sqm* government office with recent upgrade.
+ Prime 305sqm* freehold site directly opposite full line Coles supermarket.
+ Stamp duty free investment.
+ Port Augusta: key regional hub with $1.4 billion economic output. (2)
+ Net Income: $60,335pa* + GST

For Sale by Private Treaty

*Approx
1. ABS
2. NIAA

Burgess Rawson Agents (RLA 327401)
Beau Coulter – 0413 839 898
Sam Mercuri – 0413 830 709

Enquire

Contact agents
Beau Coulter Partner
0413 839 898
Sam Mercuri Sales Executive
0413 830 709
Enquiry Form

Port Augusta, SA

1 Browns Lane

For Sale by Portfolio Auction
Wednesday 26th June 10:30AM Crown Casino - Melbourne

This property is part of Portfolio 169

Price: Contact Agent

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