Deceased Estate - High Yielding Government Investment

Description

Burgess Rawson & First National Glen Innes are pleased to offer to the market 233 Ferguson Street, Glen Innes NSW for sale via our Investment Portfolio Auction 164.

The property has the following investment highlights:

+ Highly sought-after affordable government leased investment
+ NSW Government: Renewed 3 year lease plus option to 2027
+ Long standing government tenant operating at this property for 21+ years (since 2002)
+ Property and Development NSW: central property agency for the NSW government, set to deliver positive social, economic and environmental outcomes
+ Substantial 1,218 sqm* landholding offering ample parking
+ Close proximity to Coles Shopping Centre and other local supporting amenities including Police Station, Glen Innes Hospital & Town Hall
+ Easily managed single tenant investment – can be owned and managed from anywhere in Australia
+ Glen Innes: A growing New England location situated at the junction of the New England & Gwydir Highway
+ Net Income: $63,478 pa + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 24 October 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx

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Contact agents
Kieran Bourke Partner
0417 418 007
Flynn McFall Sales Executive
0481 187 191
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GLEN INNES, NSW

233 Ferguson Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 164

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