New 5 year lease to NSW Government
2 x 5 year options to 2031
Brand new Service NSW fit out at tenants expense
IMPORTANT, large 2,950 sqm land area in town centre location
Enormous depreciation allowances
Additional income potential
Mudgee, strong tourist, wine and agriculture town
Tenant pays all outgoings (as per lease)
Valuable 4% annual rent increases (income $163,581 in 2021)
Net Income: $139,830 pa