Established NRMA in Tightly Held Retail Epicentre

Description

Burgess Rawson is pleased to offer to the market, 2/159 Argyle Street, Picton NSW 2571 for sale via our Investment Portfolio Auction 160.

This opportunity has the following key investment highlights:

+ New 5 year lease to NRMA branded agency to 2028 plus options to 2037
+ NRMA Agency: Attractive 5% compounding annual rent increases, ensuring significant income growth
+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually
+ Absolute prime CBD epicentre location, rapid growth area south-west of Sydney
+ Long established NRMA agency since 2007
+ Easily managed single tenant investment
+ Immaculate NRMA fit-out
+ Net Income: $50,825 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx.

Do you own a similar property?

Enquire

Contact agents
Darren Beehag Partner
0411 226 223
Rhys Parker Partner
0451 101 042
Flynn McFall Sales Executive
0481 187 191
Enquiry Form

Picton, NSW

2/ 159 Argyle Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 160

Contact agents
Enquire