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 time	15/05/2024 10:30
Auction location	Yallamundi Rooms, Sydney Opera House

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	15 May 2024
Floor Area	88 m²
Land Area	103 m²
Parking	Ask Agent
Property ID	2019183577
Category	Shop & Retail Offices
Last updated	17 May 2024

Map for 7/380 Bong Bong Street Bowral NSW 2576

Nearest transport* to 7/380 Bong Bong Street Bowral NSW 2576

Bus

Train

Tram

Ferry

Bowral Public School, Boolwey St	151 m
Boolwey St opp Bowral Public School	175 m
Bowral St opp Holmhale St	227 m
Lions Park and Nursery Moss Vale Rd	250 m

*Within a 4km radius

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	15 May 2024
Floor Area	88 m²
Land Area	103 m²
Parking	Ask Agent
Property ID	2019183577
Category	Shop & Retail Offices
Last updated	17 May 2024

Co-Agents

Darren Beehag

Burgess Rawson Sydney

Call

0411 226 223

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.