Central Office Investment | Brand New 3 Year Net Lease
Description
Burgess Rawson is pleased to offer to market this superbly leased Investment at Lot 7, 215 Pacific Highway, Charlestown NSW for sale via our Investment Auction Portfolio 159.
The property has the following investment highlights:
+ Brand new 3+3 year lease to 2029
+ Annual fixed compounding 3% rent increases, ensuring income growth
+ Attractive net lease, tenant pays usual outgoings as per lease plus property management
+ Northrop: leading Australian engineering consultancy with 10+ offices and 550 employees
+ 122sqm* office space with two secure car spaces on title
+ High exposure gateway location within Charlestown situated on Pacific Highway – 28,940 passing cars daily**
+ Charlestown: commercial, retail and medical hub hosting Charlestown Square – the largest retail centre in the Hunter Region
+ Net Income: $50,647 pa* + GST (as at 12 June 2023)
For Sale by Investment Portfolio Auction
10:30am (AEDT) Tuesday 28 March 2023
Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
**Oct-19 AADT, Transport for NSW
Do you own a similar property?
Enquire
Contact agents
Darren Beehag Partner
0411 226 223Rhys Parker Partner
0451 101 042Flynn McFall Sales Executive
0481 187 191Enquiry Form
Charlestown, NSW
Lot 7/ 215 Pacific Highway
- Sold Price: Contact Agent
This property was sold as part of Portfolio 159
Contact agents
-
Darren Beehag Partner
0411 226 223 -
Rhys Parker Partner
0451 101 042 -
Flynn McFall Sales Executive
0481 187 191