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25 Russell Street
Tumut NSW 2720
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Sold on 29 Oct 2024

25 Russell Street Tumut NSW 2720

  • Shop & Retail
  • 1 m²
  • Sold

Superb Corner Freehold 100% Leased to National ASX Listed Retailers

    Burgess Rawson is pleased to offer to the market this superbly positioned BWS and The Reject Shop on the high profile corner of Merivale and Russell Street, Tumut NSW for sale via our Investment Auction Portfolio 172.

    The opportunity has the following key investment highlights:

    + BWS on renewed 5 year lease to July 2029 plus 15 years of options to 2044
    + BWS: leading liquor brand of ASX listed Endeavour Group, boasting 1,400+ stores nationally^
    + The Reject Shop on renewed 5 year lease to November 2028
    + The Reject Shop: ASX listed national retailer with 386 locations, 6,000 staff and sales exceeding 850m in FY24^^
    + Significant 2,375sqm* corner site including 2 titles with brilliant exposure + excellent on-site and street parking
    + Strategic location in the heart of Tumut's commercial retail precinct, immediately adjacent to Coles Supermarket and surrounded by other national brands
    + Tumut: part of the Riverina Region of NSW, and a strategic midpoint between Sydney & Melbourne, and gateway to the Snowy Region
    + Riverina Region: thriving economic hub with an output of $34.4b and home to 174,490 people^^^
    + Net Income: $223,765 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEDT Tuesday 29 October 2024
    Yallamundi Rooms, Sydney Opera House

    Please contact the exclusively appointed sales team for more information

    *Approx
    ^bws.com.au
    ^^therejectshop.com.au
    ^^^remplan.com.au

    AUCTION

    Auction date and time29/10/2024 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 Sold29 Oct 2024
    Floor Area1 m²
    Land Area2,375 m²
    ParkingAsk Agent
    Property ID2019537576
    Category
    Last updated  31 Oct 2024
    Map for 25 Russell Street Tumut NSW 2720

    Nearest transport* to 25 Russell Street Tumut NSW 2720

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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold29 Oct 2024
    Floor Area1 m²
    Land Area2,375 m²
    ParkingAsk Agent
    Property ID2019537576
    Category
    Last updated  31 Oct 2024

    Co-Agents

    Darren Beehag
    Burgess Rawson Sydney
    Call
    0411 226 223
    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042

    More about 25 Russell Street Tumut NSW 2720

    25 Russell Street Tumut NSW 2720 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 2,375 m². The listing ID for this property is 2019537576.

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