Affordable High Yielding CBA Investment

Description

Burgess Rawson is pleased to offer to the market Commonwealth Bank at 72 Lachlan Street, Fobes NSW for sale via our Investment Auction Portfolio 173.

This opportunity has the following key investment highlights:

+ Long established bank branch – renewed lease to 2027 plus option to 2029
+ Commonwealth Bank: Banking giant and #1 ASX listed company (Market cap $250B)**
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax (single holding) as per lease
+ Fixed compounding 3% annual rental increases, ensuring income growth
+ Strategic corner freehold close to major brands including Westpac, Anytime Fitness, Woolworths and Service NSW
+ Easily managed premium single tenant investment
+ Central West & Orana region set to grow to 325,000 people by 2041^
+ Strong trade catchment: The Central West Region contributes $16B annually^^
+ Net Income: $53,152 pa* + GST (as of Feb 2025)

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 11/11/2024
^planning.nsw.gov.au
^^dataau.com.au

Enquire

Contact agents
Flynn McFall Sales Executive
0481 187 191
Kieran Bourke Partner
0417 418 007
Enquiry Form

Forbes, NSW

72 Lachlan Street

For Sale by Portfolio Auction
Tuesday 10th December 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 173

Price: Contact Agent

View Portfolio
Contact agents
Enquire