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38 Wingecarribee Street
Bowral NSW 2576
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Sold on 18 May 2021

38 Wingecarribee Street Bowral NSW 2576

  • Shop & Retail
  • 781 m²
  • Sold, $9,500,000

Centrelink/Medicare NSW Southern Highland - 12 year lease + options until 2035.

  • Leased to Centrelink/Medicare
  • 12 year lease with options to 2035
  • Fixed 5% annual increases

Centrelink Australia's #1 tenant secured by the Australian Federal Government
Exceptional position in the heart of Bowral CBD
Newly appointed interior to WHS COVID 19 Standards
NLA 781.0 sqm + 10 undercover car spaces
Fixed 5% annual increases (including options)
Net Income $440,709 pa + GST

38 Wingecarribee Street, Bowral delivers the astute investor a unique opportunity to secure an asset with a long-standing tenancy delivering strong rental returns courtesy of Australia's most prized tenant The Australian Federal Government, together with significant fixed annual rental growth.

Centrelink / Medicare Bowral will be offered For Sale via Public Auction on Tuesday 18 May, 2021.

AUCTION

Auction date and time18/05/2021 10:30
Auction locationAuctionworks Mezzanine level, 50 Margaret Street, Sydney
Next Commercial
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Mezz Level, 34-36 James Craig Rd
Rozelle, NSW 2039

Property Highlights

Date Sold18 May 2021
Sold Price$9,500,000
Floor Area781 m²
Land Area1,120 m²
Parking10 x Onsite parkings
Property ID2016942409
Category
Last updated  18 May 2021
Map for 38 Wingecarribee Street Bowral NSW 2576

Nearest transport* to 38 Wingecarribee Street Bowral NSW 2576

Bus
Train
Tram
Ferry
Merrigang St opp St Thomas Aquinas Catholic Church143 m
Boolwey St opp Bowral Public School173 m
Bendooley St at Bundaroo St204 m
Bowral Public School, Boolwey St204 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Next Commercial
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Mezz Level, 34-36 James Craig Rd
Rozelle, NSW 2039

Property Highlights

Date Sold18 May 2021
Sold Price$9,500,000
Floor Area781 m²
Land Area1,120 m²
Parking10 x Onsite parkings
Property ID2016942409
Category
Last updated  18 May 2021

Co-Agents

Anthony Bray
Anthony Bray
Next Commercial
Call
+61419322233
Charles Gonzalez
Charles Gonzalez
Next Commercial
Call
0412 279 588

More about 38 Wingecarribee Street Bowral NSW 2576

38 Wingecarribee Street Bowral NSW 2576 is categorized as Shop & Retail Property. It has a floor area of 781 m² and a land area of 1,120 m². There are 10 x onsite parkings.The listing ID for this property is 2016942409.

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