Burgess Rawson is pleased to offer to the market, 71 Kinghorne Street, Nowra NSW for sale via our Investment Portfolio Auction 160.

This opportunity has the following key investment highlights:

+ New 5 year lease to NRMA branded agency to 2028 plus options to 2037
+ NRMA Agency: Attractive 5% compounding annual rent increases, ensuring significant income growth
+ Flagship freehold in Nowra city centre boasting of NRMA & Massage tenancy
+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually
+ Beachfront Thai Massage: renewed lease to 2026
+ Nowra: important administrative, commercial, and retail centre for the NSW South Coast
+ Long established NRMA agency since 2008
+ Immaculate NRMA fit-out
+ Net Income: $111,987 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx.