71 Kinghorne Street

Nowra NSW 2541

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Sold on 18 May 2023

71 Kinghorne Street Nowra NSW 2541

Shop & Retail
265 m²
Sold

Busy NRMA Branch in Thriving South Coast City Centre

Burgess Rawson is pleased to offer to the market, 71 Kinghorne Street, Nowra NSW for sale via our Investment Portfolio Auction 160.

This opportunity has the following key investment highlights:

+ New 5 year lease to NRMA branded agency to 2028 plus options to 2037
+ NRMA Agency: Attractive 5% compounding annual rent increases, ensuring significant income growth
+ Flagship freehold in Nowra city centre boasting of NRMA & Massage tenancy
+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually
+ Beachfront Thai Massage: renewed lease to 2026
+ Nowra: important administrative, commercial, and retail centre for the NSW South Coast
+ Long established NRMA agency since 2008
+ Immaculate NRMA fit-out
+ Net Income: $111,987 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx.

AUCTION

Auction date and time	09/05/2023 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	18 May 2023
Floor Area	265 m²
Land Area	807 m²
Parking	Ask Agent
Property ID	2018473605
Category	Shop & Retail Offices
Last updated	12 May 2023

Map for 71 Kinghorne Street Nowra NSW 2541

Nearest transport* to 71 Kinghorne Street Nowra NSW 2541

Bus

Train

Tram

Ferry

Nowra Public School, Plunkett St	162 m
Nowra Bus Terminal, Stewart Pl	281 m
East St opp Worrigee St	305 m
Nowra Public School, Plunkett St	347 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	18 May 2023
Floor Area	265 m²
Land Area	807 m²
Parking	Ask Agent
Property ID	2018473605
Category	Shop & Retail Offices
Last updated	12 May 2023

Co-Agents

Darren Beehag

Burgess Rawson Sydney

Call

0411 226 223

Rhys Parker

Burgess Rawson Sydney

Call

0451 101 042

Flynn McFall

Burgess Rawson Sydney

Call

0481 187 191

More about 71 Kinghorne Street Nowra NSW 2541

71 Kinghorne Street Nowra NSW 2541 is categorized as Shop & Retail Property. It has a floor area of 265 m² and a land area of 807 m². The listing ID for this property is 2018473605.