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43 Walker Street
Casino NSW 2470
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43 Walker Street Casino NSW 2470

  • Shop & Retail
  • 1 m²
  • Commercial Auction

Rare Westpac Investment in Prime CBD Location

    Burgess Rawson is pleased to offer to the market this superbly positioned ASX listed Westpac at 43 Walker Street, Casino NSW for sale via our Investment Portfolio Auction 173.

    The opportunity has the following key investment highlights:

    + Recently renewed 3 year lease to Westpac to 2027 plus options to 2033
    + Westpac: top 5 ASX listed banking giant (ASX:WBC) serving 13 million customers, with a market capitalisation of $110.36b^
    + Large 1,144sqm* corner landholding with combined dual street frontage of some 68.7m*
    + Improved with attractive two level building with valuable on site car parking at the rear
    + Casino: forms an integral part of the Northern Rivers Region of NSW, home to 315,775 people and producing an economic output of $42.05b*^^
    + Strategic position on the corner of Walker and Barker Streets in close proximity to national brands including Coles & Woolworths
    + Compounding fixed 3% annual rental increases, ensuring income growth
    + Landlord friendly net lease, tenant pays outgoings, as per the lease
    + Easily managed premium tenant investment
    + Net Income: $70,000 pa* + GST

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

    Please contact the exclusively appointed sales team for more information

    *Approx
    ^ASX: As of 13/11/2024
    ^^Remplan

    Auction date and time10/12/2024 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

    Floor Area1 m²
    Land Area1,144 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019634296
    Category
    Last updated  13 Nov 2024
    Map for 43 Walker Street Casino NSW 2470

    Nearest transport* to 43 Walker Street Casino NSW 2470

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

    Property Highlights

    Floor Area1 m²
    Land Area1,144 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019634296
    Category
    Last updated  13 Nov 2024

    Co-Agents

    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042
    Kieran Bourke
    Burgess Rawson Sydney
    Call
    0417 418 007

    More about 43 Walker Street Casino NSW 2470

    43 Walker Street Casino NSW 2470 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 1,144 m². The listing ID for this property is 2019634296.

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