Burgess Rawson and Raine & Horne (Bathurst) are delighted to offer to the market, this Centrelink anchored property on a renewed 3 year lease to 2025 located in the heart of the Bathurst CBD.
+ Renewed 3 year lease to the Commonwealth of Australia to 2025, plus a further 3 year option
+ Only Centrelink within a 55km radius
+ Centrelink: Essential service Federal Govt welfare department
+ Fixed 3.5% annual rent increases, assuring future rental growth.
+ Large 2,159sqm* landholding situated in the heart of the CBD
+ 4.5 star NABERS rating
+ Modern 1,053* sqm building with 21 valuable on-title car spaces and 41 meters* of frontage to Russell Street.
+ Immaculately presented Government anchored building, constructed in 2012, providing significant depreciation tax benefits.
+ Strategic CBD location, positioned amongst key national retailers including; Dan Murphy's, Coles, Woolworths, ALDI. McDonald's, Goodyear Autocare and KFC all within 500m***
+ Easily managed “set and forget” premium investment with 85% of the income secured by the Federal Government
+ Bathurst: largest regional centre of the Central West servicing population of 180,000+ people
+ Total Net Rent: $359,873* pa + GST
To be Sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21st February
Sydney Opera House, Yallamundi Rooms
*approx
**forcast id.
***gap maps
Remember to mention you found this property on CommercialReady
Burgess Rawson and Raine & Horne (Bathurst) are delighted to offer to the market, this Centrelink anchored property on a renewed 3 year lease to 2025 located in the heart of the Bathurst CBD.
+ Renewed 3 year lease to the Commonwealth of Australia to 2025, plus a further 3 year option
+ Only Centrelink within a 55km radius
+ Centrelink: Essential service Federal Govt welfare department
+ Fixed 3.5% annual rent increases, assuring future rental growth.
+ Large 2,159sqm* landholding situated in the heart of the CBD
+ 4.5 star NABERS rating
+ Modern 1,053* sqm building with 21 valuable on-title car spaces and 41 meters* of frontage to Russell Street.
+ Immaculately presented Government anchored building, constructed in 2012, providing significant depreciation tax benefits.
+ Strategic CBD location, positioned amongst key national retailers including; Dan Murphy's, Coles, Woolworths, ALDI. McDonald's, Goodyear Autocare and KFC all within 500m***
+ Easily managed “set and forget” premium investment with 85% of the income secured by the Federal Government
+ Bathurst: largest regional centre of the Central West servicing population of 180,000+ people
+ Total Net Rent: $359,873* pa + GST
To be Sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21st February
Sydney Opera House, Yallamundi Rooms
*approx
**forcast id.
***gap maps
Remember to mention you found this property on CommercialReady
166-170 Russell Street, BATHURST, NSW, 2795