New 5 Year Lease Investment

Description

Burgess Rawson is pleased to offer to the market 31 Hinkler Avenue, Rutherford for sale via our Auction Investment Portfolio 158.

+ New 5 year lease to August 2027 + options to 2037
+ Just Like Fish Swim School: privately owned & operated swim school
+ Providers of swim lessons for babies up to junior squad and school level swimmers
+ Maitland: a vibrant, regional city located in the Hunter Valley, a short drive from Newcastle
+ Maitland offers superb liveability and boasts a strong local economy
+ Rutherford, a rapidly expanding suburb of Maitland, Rutherford is a thriving hub of industrial estates, shopping centres and community & sporting facilities
+ Commanding 2,201 sqm freehold site in vibrant industrial precinct
+ Impressive facility constructed around 2010 with ample onsite parking
+ Annual CPI rental reviews
+ Net lease, tenant pays outgoings (including management fees), as per the lease
+ Security: bank guarantee & directors guarantees
+ Significant depreciation benefits
+ Net Income: $100,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House

*approx.

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Contact agents
Rhys Parker Partner
0451 101 042
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Rutherford, NSW

31 Hinkler Avenue

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 158

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