Burgess Rawson is pleased to offer to the market this superbly positioned ASX listed Westpac at 43 Walker Street, Casino NSW for sale via our Investment Portfolio Auction 173.

The opportunity has the following key investment highlights:

+ Recently renewed 3 year lease to Westpac to 2027 plus options to 2033
+ Westpac: top 5 ASX listed banking giant (ASX:WBC) serving 13 million customers, with a market capitalisation of $110.36b^
+ Large 1,144sqm* corner landholding with combined dual street frontage of some 68.7m*
+ Improved with attractive two level building with valuable on site car parking at the rear
+ Casino: forms an integral part of the Northern Rivers Region of NSW, home to 315,775 people and producing an economic output of $42.05b*^^
+ Strategic position on the corner of Walker and Barker Streets in close proximity to national brands including Coles & Woolworths
+ Compounding fixed 3% annual rental increases, ensuring income growth
+ Landlord friendly net lease, tenant pays outgoings, as per the lease
+ Easily managed premium tenant investment
+ Net Income: $70,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx
^ASX: As of 13/11/2024
^^Remplan