Blue Chip Commonwealth Government Investment

Description

Burgess Rawson is pleased to offer to the market this blue chip Centrelink investment at 174-176 Barton Street, Kurri Kurri NSW for sale via our Investment Portfolio Auction 166.

The property has the following investment highlights:

+ Commonwealth of Australia: 4 Year Lease to 2026 plus two (2) further three (3) year options to 2032
+ Highly sought-after government leased asset class
+ Centrelink: Essential service Federal Government department
+ Substantial 1,012 sqm* landholding situated in the heart of the CBD
+ Close proximity to Coles Shopping Centre and other local supporting infrastructure including Kurri Kurri Library, Kurri Kurri Ambulance Station and Kurri Youth Centre
+ Impressive 5 star NABERS rating making this an incredibly energy efficient building
+ Easily managed single tenant investment – can be owned and managed from anywhere in Australia or overseas
+ Cessnock City Council: thriving region supporting over 65,878 residents, forecast to surge by over 50% by 2041^
+ Net Income: $257,976 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 20 February 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
^forecast.id.com.au

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Contact agents
Darren Beehag Partner
0411 226 223
Kieran Bourke Partner
0417 418 007
Flynn McFall Assistant Sales Executive
0481 187 191
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Kurri Kurri, NSW

174-176 Barton Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 166

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