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