Affordable 100% Leased Freehold Investment – First Time Ever Offered to the Market
Description
Burgess Rawson is pleased to offer to the market 103 Junction Street, Nowra NSW for sale via our Investment Auction Portfolio 167.
The property has the following key investment highlights:
+ Longstanding occupancy history with some tenants in place for 30+ years
+ Fully leased to a mix of essential and professional services tenants including Williams Watchmakers & Jewellers and Wellways, one of Australia’s largest and most respected mental health, wellbeing and carer service providers with 90+ locations nationally
+ Leases reviewed to desirable CPI annual rent reviews
+ Landrich 426sqm* freehold landholding improved by impressive 732sqm* building
+ Valuable CBD position with dual street frontage, direct access to Woolworths and ample parking opportunities
+ Nowra: Booming NSW South Coast location part of the Shoalhaven region population of 142,936+ expected to surge 30% by 2051
+ Net Income: $156,814 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 26 March 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here: www.portfolioauctions.com.au
Please contact the exclusively appointed sales team for more information.
*Approx.
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Contact agents
Geoff Sinclair Director
0451 462 759Rhys Parker Partner
0451 101 042Luke Easton Cadet
0472 546 001Enquiry Form
Nowra, NSW
103 Junction Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 167
Contact agents
-
Geoff Sinclair Director
0451 462 759 -
Rhys Parker Partner
0451 101 042 -
Luke Easton Cadet
0472 546 001