Banking Giant Tenant Investment | Lease to December 2027 + Options | Net Lease with 3.5% Rental Increases
Description
Burgess Rawson is pleased to offer to the market this Westpac leased investment located at 301 Argent Street, Broken Hill NSW for sale via Private Treaty
The opportunity has the following key investment highlights:
+ Lease extended to December 2027 plus two further 3 year options
+ Premium tenant covenant, Australia’s first company
+ Attractive net lease terms with tenant responsible for the payment of outgoings, as per the lease
+ Fixed 3.5% annual rental increases, ensuring compounding rental growth
+ Large 766sqm* freehold landholding complemented by valuable street frontage of some 15.3 metres* to Argent Street, the main street in the Broken Hill CBD
+ Improved with substantial bank branch along with 16 accommodation rooms
+ Broken Hill: largest regional centre in the western half of NSW
+ Net Income: $103,009 pa* + GST
To be sold via Private Treaty
Please contact the exclusively appointed sales team for more information
*Approx
^ASX: As of 26/2/2025
Enquire
Contact agents

Rhys Parker Partner
0451 101 042
Flynn McFall Sales Executive
0481 187 191
Ben Parsonage
0455 331 841Enquiry Form
Broken Hill, NSW
301 Argent Street
For Sale
This property is part of Portfolio 175
Price: Contact Agent
Contact agents
-
Rhys Parker Partner
0451 101 042 -
Flynn McFall Sales Executive
0481 187 191 -
Ben Parsonage
0455 331 841