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141 Maitland Street
Narrabri NSW 2390
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Sold on 6 Aug 2024

141 Maitland Street Narrabri NSW 2390

  • Shop & Retail
  • 360 m²
  • Sold

High Yielding NAB Investment | Renewed 5 Year Lease to 2027

    Burgess Rawson & Moree Real Estate are pleased to offer to the market the NAB at 141-143 Maitland Street, Narrabri for sale via Investment Auction Portfolio 170.

    The property has the following investment highlights:

    + Renewed five (5) year lease to 2027 plus two (2) further three (3) year option to 2033.
    + National Australia Bank: Top 10 ASX listed financial institution with over 10 million customers and 38,000 employees and $112.2 billion market cap. (1)
    + Prime 519sqm* freehold site, with rear access and exposure plus on-site parking for 3 vehicles.
    + Long standing national tenant, in occupation since 1999.
    + Landlord favourable net lease terms with tenant paying all usual outgoings including land tax, as per the lease.
    + Fixed annual 2.5% rental increases.
    + High profile 360 sqm* building, with recent tenant funded upgrades completed in 2022.
    + Position perfect within the Narrabri CBD and surrounded by key national retailers including Woolworths & Coles Supermarkets, Westpac, CBA, ANZ , McDonalds & KFC (2) + Narrabri: located in the heart of north west NSW, an important inland logistic and resource hub, with over 12,700 residents and an annual economic output of $5.7B, 62.3% of which is generated from the mining industry. (3)
    + Rent: $57,784 pa* + GST as at August 2024.

    For Sale by Investment Portfolio Auction
    10:30am AEST Tuesday 6 August 2024
    Yallamundi Rooms, Sydney Opera House

    Bidder registration required, register here.

    Please contact the exclusively appointed sales team for more information.

    * Approx 1 ASX-as at 02 Jul 24 2 Gapmaps 3 Remplan

    AUCTION

    Auction date and time06/08/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold6 Aug 2024
    Floor Area360 m²
    Land Area519 m²
    ParkingAsk Agent
    Property ID2019356660
    Category
    Last updated  12 Aug 2024
    Map for 141 Maitland Street Narrabri NSW 2390

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    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold6 Aug 2024
    Floor Area360 m²
    Land Area519 m²
    ParkingAsk Agent
    Property ID2019356660
    Category
    Last updated  12 Aug 2024

    Co-Agents

    Jamie Perlinger
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 315
    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042

    More about 141 Maitland Street Narrabri NSW 2390

    141 Maitland Street Narrabri NSW 2390 is categorized as Shop & Retail Property. It has a floor area of 360 m² and a land area of 519 m². The listing ID for this property is 2019356660.

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