Prime Top Tier Bank Investment in Booming Coastal Town

Description

Burgess Rawson is pleased to offer to the market, CBA Nambucca Heads for sale via our Auction Investment Portfolio 156.

The property has the following investment highlights:

+ Renewed 2 year lease to September 2024 plus options to 2028
+ Long established Commonwealth Bank of Australia (CBA) branch
+ Attractive net lease, tenant pays usual outgoings including property management
+ Fixed 3% annual rent increases
+ Substantial 509sqm* dual street frontage site
+ 8 valuable on-site car spaces
+ Easily managed single tenant investment
+ Heart of town at major pedestrian crossing
+ Thriving growth location between Coffs Harbour and Port Macquarie
+ Net Income: $71,043 pa* + GST

To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 25 October 2022
Yallamundi Rooms, Sydney Opera House

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

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Contact agents
Darren Beehag Partner
0411 226 223
Flynn McFall Assistant Sales Executive
0481 187 191
Enquiry Form

Nambucca Heads, NSW

30 Bowra Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 156

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