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2/159 Argyle Street
Picton NSW 2571
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Sold on 9 May 2023

2/159 Argyle Street Picton NSW 2571

  • Shop & Retail
  • 107 m²
  • Sold

Established NRMA in Tightly Held Retail Epicentre

Burgess Rawson is pleased to offer to the market, 2/159 Argyle Street, Picton NSW 2571 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
+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually
+ Absolute prime CBD epicentre location, rapid growth area south-west of Sydney
+ Long established NRMA agency since 2007
+ Easily managed single tenant investment
+ Immaculate NRMA fit-out
+ Net Income: $50,825 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.

AUCTION

Auction date and time09/05/2023 10:30
Auction locationYallamundi Rooms, Sydney Opera House
Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold9 May 2023
Floor Area107 m²
Land Area107 m²
ParkingAsk Agent
Property ID2018473603
Category
Last updated  10 May 2023
Map for 2/159 Argyle Street Picton NSW 2571

Nearest transport* to 2/159 Argyle Street Picton NSW 2571

Bus
Train
Tram
Ferry
St Anthonys Church And School, Menangle St97 m
Menangle Rd At Menangle St158 m
Picton Shire Hall And Library, Menangle St167 m
Colden St After Menangle St248 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold9 May 2023
Floor Area107 m²
Land Area107 m²
ParkingAsk Agent
Property ID2018473603
Category
Last updated  10 May 2023

Co-Agents

Darren Beehag
Darren Beehag
Burgess Rawson Sydney
Call
0411 226 223
Rhys Parker
Rhys Parker
Burgess Rawson Sydney
Call
0451 101 042
Flynn McFall
Flynn McFall
Burgess Rawson Sydney
Call
0481 187 191

More about 2/159 Argyle Street Picton NSW 2571

2/159 Argyle Street Picton NSW 2571 is categorized as Shop & Retail Property. It has a floor area of 107 m² and a land area of 107 m². The listing ID for this property is 2018473603.

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