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7/380 Bong Bong Street
Bowral NSW 2576
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Sold on 15 May 2024

7/380 Bong Bong Street Bowral NSW 2576

  • Shop & Retail
  • 88 m²
  • Sold

Entry Level NRMA Branded Investment

    Burgess Rawson is pleased to offer to market the NRMA at 7/380 Bong Bong Street, Bowral NSW for sale via our Investment Auction Portfolio 168.

    The property has the following investment highlights:

    + 4 year lease term to 2028 plus options to 2043 NRMA occupied circa 20 years
    + NRMA: iconic insurance provider servicing over 2.8 million Australians annually^
    + Landlord friendly net lease, tenant responsible for all usual outgoings
    + Favourable rent reviews with fixed 5% increases annually, ensuring strong rental growth
    + Extensive & modern NRMA high grade fit-out
    + Optimal position in Bowral CBD next to Woolworths and BWS, in the heart of Bowral's main commercial precinct
    + Bowral: administrative and retail hub of the Southern Highlands, 90 min from Sydney
    + Net Income $64,400 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEST Wednesday 15 May 2024
    Yallamundi Rooms, Sydney Opera House

    Bidder registration required, register here: www.portfolioauctions.com.au

    Please contact the exclusively appointed sales team for more information.

    *approx.
    ^www.mynrma.com.au

    AUCTION

    Auction date and time15/05/2024 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 Sold15 May 2024
    Floor Area88 m²
    Land Area103 m²
    ParkingAsk Agent
    Property ID2019183577
    Category
    Last updated  17 May 2024
    Map for 7/380 Bong Bong Street Bowral NSW 2576

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

    Property Highlights

    Date Sold15 May 2024
    Floor Area88 m²
    Land Area103 m²
    ParkingAsk Agent
    Property ID2019183577
    Category
    Last updated  17 May 2024

    Co-Agents

    Darren Beehag
    Burgess Rawson Sydney
    Call
    0411 226 223
    Flynn McFall
    Flynn McFall
    Burgess Rawson Sydney
    Call
    0481 187 191

    More about 7/380 Bong Bong Street Bowral NSW 2576

    7/380 Bong Bong Street Bowral NSW 2576 is categorized as Shop & Retail Property. It has a floor area of 88 m² and a land area of 103 m². The listing ID for this property is 2019183577.

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